Format:
xxvi, 480 Seiten
,
Diagramme
,
25 cm
Edition:
First edition
ISBN:
9781324020462
Content:
"Former Federal Reserve Chair Ben S. Bernanke helps readers understand how the Federal Reserve, the steward of U.S. monetary policy, got to where it is today, what it has learned from the diverse challenges it has faced, and how it may evolve in the future"--
Content:
"In 21st Century Monetary Policy, Ben S. Bernanke--former chair of the Federal Reserve and one of the world's leading economists--explains the Fed's evolution and speculates on its future. Taking a fresh look at the bank's policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed's innovations. He also lays out new challenges confronting the Fed, including the return of inflation, cryptocurrencies, increased risks of financial instability, and threats to its independence." -- Inside front jacket flap
Note:
Includes bibliographical references and index
,
Part I: 20th century monetary policy -- The rise and fall of inflation -- The great inflation -- Burns and Volcker -- Greenspan and the nineties boom -- Part II: 21st century monetary policy -- The global financial crisis and the great recession -- New century, new challenges -- The global financial crisis -- A new monetary regime: From QE1 to QE2 -- Monetary evolution: QE3 and the Taper Tantrum -- Part III: 21st century monetary policy -- From liftoff to the covid-19 pandemic -- Liftoff -- Powell and Trump -- Pandemic -- Part IV: 21st century monetary policy -- What lies ahead -- The Fed's post-2008 toolkit: Quantitative easing and forward guidance -- Is the Fed's toolkit enough? -- Making policy more powerful: New tools and frameworks -- Monetary policy and financial stability -- The Fed's independence and role in society
,
20th century monetary policy: the rise and fall of inflation -- 21st century monetary policy: the global financial crisis and the Great Recession -- 21st century monetary policy: from liftoff to the COVID-19 Pandemic -- 21st century monetary policy: what lies ahead
Additional Edition:
Erscheint auch als Online-Ausgabe, EPUB ISBN 978-1-324-02047-9
Language:
English
Subjects:
Economics
Keywords:
USA
;
Geldpolitik
;
Inflation
;
Federal Reserve System
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