The Money Minders最新文献

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Fine-Tuning Out of Control 微调失控
The Money Minders Pub Date : 2022-02-28 DOI: 10.1017/9781108975414.004
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引用次数: 0
The Great Depression and Its Legacy 大萧条及其遗产
The Money Minders Pub Date : 2022-02-28 DOI: 10.1017/9781108975414.003
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引用次数: 0
Monetary Policy in Troubled Times 困难时期的货币政策
The Money Minders Pub Date : 2022-02-28 DOI: 10.1017/9781108975414.010
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引用次数: 0
The New Art of Central Banking 中央银行的新艺术
The Money Minders Pub Date : 2022-02-28 DOI: 10.1007/978-1-349-11626-3
M. Burstein
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引用次数: 1
Where the Great Experiment Went Wrong 伟大的实验哪里出错了
The Money Minders Pub Date : 2022-02-28 DOI: 10.1017/9781108975414.006
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引用次数: 0
A Final Word 最后的话
The Money Minders Pub Date : 2022-02-28 DOI: 10.1017/9781108975414.011
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引用次数: 0
Epilogues 后记
The Money Minders Pub Date : 2022-02-28 DOI: 10.2307/j.ctt1d9nr37.14
Samuel Johnson
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引用次数: 0
A Science of Monetary Policy 货币政策科学
The Money Minders Pub Date : 2003-02-16 DOI: 10.1017/9781108975414.005
M. Rao
{"title":"A Science of Monetary Policy","authors":"M. Rao","doi":"10.1017/9781108975414.005","DOIUrl":"https://doi.org/10.1017/9781108975414.005","url":null,"abstract":"This paper exposits the monetary policy design problem within the limits of an empirical framework for the Indian economy. Four main issues are examined. The paper first looks at a few of the theories that have been advanced to explain the stylised facts of economic fluctuations and then examines the main features of business cycles in the Indian economy over the past 50 years. In the process, it presents forecasts of aggregate economic activity for 2002-03 and 2003-04 besides obtaining quantitative estimates of the impact of the business cycle on the fiscal deficit. Second, it empirically measures the threshold rate of inflation within the framework of growth-inflation trade-offs and derives the optimal rate of monetary expansion needed to smooth out fluctuations and stabilise the inflation rate at its threshold level. Third, it specifies a theoretical model (linking growth, inflation, interest rates and money supply) capable of deriving an optimal fiscal deficit which maximises the real growth rate; and applies it within the Indian context to measure the desired amount of fiscal consolidation. Finally, it provides estimates of a comprehensive macroeconomic conditions index which can very effectively be incorporated into a simple Taylor-type interest rate rule (reaction function) for monetary policy.","PeriodicalId":300088,"journal":{"name":"The Money Minders","volume":"97 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128452150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 19
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