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Monetary Policy and Unemployment

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Book Series: Routledge International Studies in Money and Banking ISBN: 9780203329580 9780415700870 9780415650250 9781135993818 9781135993801 9781135993764 Year: DOI: 10.4324/9780203329580 Language: English
Publisher: Taylor & Francis
Subject: Business and Management --- Economics
Added to DOAB on : 2019-11-08 11:21:17
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Abstract

This book pulls together papers presented at a conference in honour of the 1981 Nobel Prize Winner for Economic Science, the late James Tobin. Among the contributors are Olivier Blanchard, Edmund Phelps, Charles Goodhart and Marco Buti. One of the main aims of the conference was to discuss what potential role monetary policy has on economic activity and unemployment reduction in three key currency zones - the United States, European Union and Japan.

Keywords

output --- gap --- real --- interest --- rate --- taylor --- rule --- central --- bank --- nominal

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