Monetary Policy Implementation: Theory, Past, And Present,New

Monetary Policy Implementation: Theory, Past, And Present,New

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The First Of Its Kind, This Book Is Entirely Dedicated To The Implementation Of Monetary Policy: How Central Banks Go About Achieving Their Monetary Policy Targets. Monetary Policy Implementation Has Gone Through Tremendous Changes Over The Last Twenty Years, Which Have Witnessed The Quiet End Of 'Reserve Position Doctrine' And The Return Of An Explicit Focus On Shortterm Interest Rates. This Book Argues That Reserve Position Doctrine Has Never, And Could Never, Be Seriously Put Into Practice. Providing A Simple Theory Of Monetary Policy Implementation, Bindseil Goes On To Explain The Role Of The Three Main Instruments (Open Market Operations, Standing Facilities, And Reserve Requirements) And Reviews Their Use In The Twentieth Century.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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