Central Bank Independence And The Conduct Of Monetary Policy In The United Kingdom

Author : Mr.Jan Kees Martijn
Publisher : International Monetary Fund
ISBN 13 : 145185840X
Total Pages : 23 pages
Book Rating : 4.02/5 ( download)

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Download or read book Central Bank Independence and the Conduct of Monetary Policy in the United Kingdom written by Mr.Jan Kees Martijn and published by International Monetary Fund. This book was released on 1999-12-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.K. monetary policy framework, which combines inflation targeting with operational independence, provides a suitable arrangement for focused and credible monetary policy. However, potential weaknesses could result from features that have not yet been fully tested: the credibility and transparency of the inflation forecasts, which form the core of policy decisions, have diminished as a result of independence; and the framework could encourage excessive activism and frequent changes in interest rates. Although policy coordination could also suffer from independence, the new partly rules-based fiscal and monetary regimes will promote overall macroeconomic stability.

Author : International Monetary Fund
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.58/5 ( download)

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Download or read book Central Bank Independence and the Conduct of Monetary Policy in the United Kingdom written by International Monetary Fund and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Jan Kees Martijn
Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.84/5 ( download)

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Download or read book Central Bank Independence and the Conduct of Monetary Policy in the United Kingdom written by Jan Kees Martijn and published by . This book was released on 2006 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.K. monetary policy framework, which combines inflation targeting with operational independence, provides a suitable arrangement for focused and credible monetary policy. However, potential weaknesses could result from features that have not yet been fully tested: the credibility and transparency of the inflation forecasts, which form the core of policy decisions, have diminished as a result of independence; and the framework could encourage excessive activism and frequent changes in interest rates. Although policy coordination could also suffer from independence, the new partly rules-based fiscal and monetary regimes will promote overall macroeconomic stability.

Author : Paul Tucker
Publisher : Princeton University Press
ISBN 13 : 0691196303
Total Pages : 662 pages
Book Rating : 4.05/5 ( download)

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Download or read book Unelected Power written by Paul Tucker and published by Princeton University Press. This book was released on 2019-09-10 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tucker presents guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good.

Author : Centre for Economic Policy Research (Great Britain)
Publisher :
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.86/5 ( download)

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Download or read book Independent and Accountable written by Centre for Economic Policy Research (Great Britain) and published by . This book was released on 1993 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines how inflationary or deflationary pressures might be avoided through a new mandate for the Bank of England and raises issues crucial to understanding monetary policy and the role of central banks.

Author : John H. Wood
Publisher : Edward Elgar Publishing
ISBN 13 : 1803926600
Total Pages : 313 pages
Book Rating : 4.05/5 ( download)

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Download or read book A Comparative History of Central Bank Behavior written by John H. Wood and published by Edward Elgar Publishing. This book was released on 2022-11-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us, by their incentives and the information available to them. The author explores this question.

Author : John O. S. Wilson
Publisher :
ISBN 13 : 9780415615518
Total Pages : pages
Book Rating : 4.18/5 ( download)

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Download or read book Banking written by John O. S. Wilson and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Jan Kees Martijn
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.55/5 ( download)

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Download or read book Central Bank Independence and the Conduct of Monetary in the United Kingdom written by Jan Kees Martijn and published by . This book was released on 1999 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451814089
Total Pages : 92 pages
Book Rating : 4.88/5 ( download)

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Download or read book United Kingdom written by International Monetary Fund and published by International Monetary Fund. This book was released on 1999-05-14 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines the operational independence and the conduct of monetary policy in the United Kingdom. The paper describes the inflation targeting framework and the analytics of the decision-making process. It suggests that inflation targeting, although not entirely new in terms of the basic idea, is a rather significant step toward establishing a workable and well-defined framework for monetary policy. The paper also describes structure, mandate, and policy issues associated with the financial services authority.

Author : Ranajoy Ray Chaudhuri
Publisher : Springer
ISBN 13 : 1137589124
Total Pages : 400 pages
Book Rating : 4.25/5 ( download)

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Download or read book Central Bank Independence, Regulations, and Monetary Policy written by Ranajoy Ray Chaudhuri and published by Springer. This book was released on 2018-10-29 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the linkage between central bank structure, central bank autonomy—with respect to setting its monetary policy goals, choosing its policy mechanisms, legal independence, and financial independence—and monetary policy, both in select benchmark countries and at a broader theoretical level. Country-specific chapters on the US, UK, Germany, Greece, Russia, India, China, Japan, Brazil, and South Africa focus on the history, administrative structure, and independence of the central monetary authority in these countries. The chapters go on to explore the countries’ conduct of monetary policy, their interplay with political forces and the wider economy, their currency, and their macroeconomic outcomes. The book will appeal to researchers, students of economics, finance and business, as well as general readers with an interest in the subject.