Monetary Policy, A Market Price Approach
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Book Description
This is the first comprehensive presentation of how monetary policymakers can use market prices to produce price stability. Drs. Johnson and Keleher show why other, conventional methods have failed and why market prices are superior guides for setting monetary policy. Their book presents the rationale, history, and philosophy underlying their approach; offers three forms of empirical research evidence to support it; and then presents special methods to use market prices as policy setting guides. This book is important and challenging reading for monetary policymakers and economists, bankers, financial analysts, and professional investors, as well as their colleagues in the academic community with similar interests.
About the Author
MANUEL H. JOHNSON is Co-Chairman of Johnson Smick International, a Washington-based consulting firm that provides information services on important economic and political policy changes that affect global financial markets. ROBERT E. KELEHER is Chief Economist of Johnson Smick International.
Monetary Policy, A Market Price Approach,Manuel H. Johnson,Robert E. Keleher,Quorum Books,1567200591,Business & Economics,Business / Economics / Finance,Business/Economics,Finance,Monetary Policy,Money & Monetary Policy,United States,Business & Economics / Finance
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