Reflections on Monetary Policy after 25 Years of the MPC (Macroeconomic Policy Making)
By: and and and
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- Synopsis
- The Bank of England was given operational independence by the UK Parliament in 1997. The key feature of this independence is that the Bank's Monetary Policy Committee has sole responsibility for setting interest rates to achieve the Government's inflation target. Featuring contributions from leading academics and practitioners, Reflections on Monetary Policy after twenty-five years of the MPC assesses and reflects on this independence, particularly in relation to the activities of the Monetary Policy Committee. The book is organised around four main themes: the remit given to the Bank of England in 1997, the decision-making process by which the Bank determines monetary policy, the use of unconventional policy after the financial crisis of 2007–11, and the scale and scope of the communication that the Bank uses to inform the public. It argues that the economy works best when agents understand why the central bank behaves in a particular way.
- Copyright:
- 2024
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9781009471893
- Related ISBNs:
- 9781009471879, 9781009471879
- Publisher:
- Cambridge University Press
- Date of Addition:
- 11/30/24
- Copyrighted By:
- Cambridge University Press & Assessment
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.
- Edited by:
- Sean Holly
- Edited by:
- Michael McMahon
- Edited by:
- Stephen Millard
- Edited by:
- Anna Watson
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- by Sean Holly
- by Stephen Millard
- by Anna Watson
- by Michael McMahon
- in Nonfiction
- in Business and Finance