Inflation Targeting and Financial Stability is popular PDF and ePub book, written by Michael Heise in 2019-02-26, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Inflation Targeting and Financial Stability can be Read Online from any device for your convenience.
Inflation Targeting and Financial Stability Book PDF Summary
Since the financial crisis of 2008/09, the world’s major central banks have been struggling to return their economies to higher growth and to reach their inflation targets. This concise book analyzes the importance of central bank policies for the economy, and specifically investigates the reasons why they have failed to steer inflation as desired. The author, the Chief Economist at Allianz SE, argues that, in an environment of great uncertainty concerning the pass-through of monetary stimulus to the economy, central banks should not focus too narrowly on inflation targets, but should increasingly take the side effects of their actions into account. In particular, he contends that they must seek to minimize the risk of financial booms and busts in order to maximize long-term growth and prosperity. Building on existing research and contributing to the current debate, the book offers a valuable reference guide and food for thought for policymakers, professionals and students alike.
Detail Book of Inflation Targeting and Financial Stability PDF
- Author : Michael Heise
- Release : 26 February 2019
- Publisher : Springer
- ISBN : 9783030050788
- Genre : Business & Economics
- Total Page : 111 pages
- Language : English
- PDF File Size : 9,9 Mb
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