rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Monetary policy, inflation, and the business cycle
    sub title: an introduction to the new Keynesian framework and its applications
  name:
    name part: Galí, Jordi
    name part: 1961-
    role:
      role term: creator
    role:
      role term: author.
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: nju
    date issued: 2015
    edition: Second edition.
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: xii, 279 pages ; 25 cm
  abstract: "This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Galí explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects for monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes labor and financial market frictions, the zero lower bound on nominal interest rates, and an analysis of unemployment's significance for monetary policy. The most up-to-date introduction to the New Keynesian framework available A single benchmark model used throughout New materials and exercises included An ideal resource for graduate students, researchers, and market analysts "--
  abstract: "An introduction to the framework used by central banks for policy analysis"--
  note: Jordi Galí.
  note: Includes bibliographical references and index.
  subject:
    topic: Monetary policy
  subject:
    topic: Inflation (Finance)
  subject:
    topic: Business cycles
  subject:
    topic: Keynesian economics
  subject:
    topic: BUSINESS & ECONOMICS / Money & Monetary Policy
  subject:
    topic: BUSINESS & ECONOMICS / Finance
  subject:
    topic: BUSINESS & ECONOMICS / Economics / Theory
  subject:
    topic: Business cycles
  subject:
    topic: Inflation (Finance)
  subject:
    topic: Keynesian economics
  subject:
    topic: Monetary policy
  classification: HG230.3 .G35 2015
  classification: 339.5/3
  classification: BUS045000 BUS027000 BUS069030
  identifier: 9780691164786
  identifier: 0691164789
  identifier: 2014045946
  record info:
    record content source: DLC
    record creation date: 141128
    record change date: 20151105225903.0
    record identifier: in00003529335
    language of cataloging:
      language term: eng