Changes in the shape of the yield curve have traditionally been one of the key macroeconomic indicators of a likely change in economic outlook. However, the recent financial crises have created a challenge to the management of monetary policy, demanding a revision in the way that policymakers model expected changes in the economy. This volume brings together central bank economists and leading academic monetary economists to propose new methods for modelling the behaviour of interest rates. Topics covered include: the ...
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Changes in the shape of the yield curve have traditionally been one of the key macroeconomic indicators of a likely change in economic outlook. However, the recent financial crises have created a challenge to the management of monetary policy, demanding a revision in the way that policymakers model expected changes in the economy. This volume brings together central bank economists and leading academic monetary economists to propose new methods for modelling the behaviour of interest rates. Topics covered include: the analysis and extraction of expectations of future monetary policy and inflation; the analysis of the short-term dynamics of money market interest rates; the reliability of existing models in periods of extreme market volatility and how to adjust them accordingly; and the role of government debt and deficits in affecting sovereign bond yields and spreads. This book will interest financial researchers and practitioners as well as academic and central bank economists.
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Seller's Description:
New. Trade paperback (US). 570 p. Macroeconomic Policy Making . 60 Tables, black and white; 114 Line drawings, black and white. Intended for professional and scholarly audience.
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Seller's Description:
New. Trade paperback (US). Contains: Line drawings, black & white, Tables, black & white. Macroeconomic Policy Making . 114 b/w illus. 60 tables. Intended for professional and scholarly audience.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. Trade paperback (US). Contains: Line drawings, black & white, Tables, black & white. Macroeconomic Policy Making . 114 b/w illus. 60 tables. Intended for professional and scholarly audience.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. 570 p. Macroeconomic Policy Making . 60 Tables, black and white; 114 Line drawings, black and white. Intended for professional and scholarly audience.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. Contains: Line drawings, black & white, Tables, black & white. Macroeconomic Policy Making . 114 b/w illus. 60 tables. Intended for professional and scholarly audience.
