Monetary Policy, Inflation, and the Business Cycle 2024 pdf epub mobi 電子書下載

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The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. It is the backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, and provides the theoretical underpinnings of the inflation stability-oriented strategies adopted by most central banks throughout the industrialized world. This graduate-level textbook provides an introduction to the New Keynesian framework and its applications to monetary policy. Using a canonical version of the New Keynesian model as a reference framework, Jordi Gal explores issues pertaining to the design of monetary policy, including the determination of the 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 implications for monetary policy are addressed, with a special emphasis on the desirability of inflation targeting policies. The most up-to-date and accessible introduction to the New Keynesian framework available Uses a single benchmark model throughout Concise and easy to use Includes exercises An ideal resource for graduate students, researchers, and market analysts

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發表於2024-05-14

Monetary Policy, Inflation, and the Business Cycle 2024 pdf epub mobi 電子書下載

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此書難度適中，是學習新凱恩斯的優秀教材。書中模型較為簡單，深入淺齣，但思想很深刻，實用性很強，讀者能夠較快上手。目前關於貨幣經濟與新凱恩斯的教材還有Woodfood和Walsh的，相比之下，Walsh的書更係統些，也更厚，但難度也更高。此書隻有200頁，可以作為新凱恩斯的入門教...

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作者和NYU的Gertler教授都是諾奬的潛在得主。這本書角度很前沿，對新凱恩斯的分析很獨到。特彆是NKPC的推導很漂亮，分析也很精闢。此書最大的難點就在於推導，每一章的附錄數學部分已然顯得很簡略，初讀此書會覺得完全lost。如果有老師指導可能會更好一些。同時推薦Gali和Ger...

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其實以前很排斥宏觀經濟學，因為各種理論繁雜，無不是應景而生，救急産物。泰勒rule中 phi-pi 等於1.5， nominal interest rate的調整要是inflation改變的1.5倍。鬼知道為什麼，但是現在通過復雜DSGE係統解到最後一步，纔發現原來必須要大於1纔能得到穩定的一個係統，至於究竟...

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出版者:Princeton University Press

作者:Jordi Gali

出品人:

頁數:224

譯者:

出版時間:2008-2-11

價格:USD 67.50

裝幀:Hardcover

isbn號碼:9780691133164

叢書系列: