发帖
雷达卡
by James A Dorn (Editor)
About the Author
James A. Dorn is Cato’s vice president for monetary studies, editor of the Cato Journal, senior fellow, and director of Cato’s annual monetary conference. He has written widely on Federal Reserve policy and monetary reform, and is an expert on China’s economic liberalization. He has edited more than ten books, including The Search for Stable Money (with Anna J. Schwartz), The Future of Money in the Information Age, and China in the New Millennium. From 1984 to 1990, he served on the White House Commission on Presidential Scholars. Dorn has been a visiting scholar at the Central European University and Fudan University in Shanghai. He holds a Ph.D. in economics from the University of Virginia.
About this book
Ten years after the 2008 financial crisis we are again facing the possibility of economic turmoil as the Fed and other central bakinks exit their unconventional monetary policies by raising interest rates and shrinking their balance sheets.
This book brings together leading scholars and former policymakers to draw lessons from the decade of unconventional monetary policies relied upon to stimulate the global economy in the aftermath of the financial crisis. The articles included in this book combine historical perspectives and forward-looking views of the Fed's exit strategy and monetary normalization, along with the arguments for a rules-based monetary policy both at the domestic and international levels.
Table of contents
PART 1 LESSONS FROM THE CRISIS
Chapter 1 Rethinking Central Banking
Chapter 2 Sorting Out Monetary and Fiscal Policies
Chapter 3 Learning the Right Lessons from the Financial Crisis
Chapter 4 The New Monetary Framework
Chapter 5 Liquidity Risk after the Crisis
PART 2 EXIT STRATEGY AND NORMALIZATION
Chapter 6 Exit Strategies from Monetary Expansion and Financial Repression
Chapter 7 Needed: A Federal Reserve Exit from Preferential Credit Allocation
Chapter 8 The Optimum Quantity of Money and the Zero Lower Bound
Chapter 9 Normalizing Monetary Policy
Chapter 10 Priorities on the Path to Normalization
Chapter 11 Interest on Excess Reserves: The Hobie Cat Effect
PART 3 MONETARY RULES
Chapter 12 Monetary Policy in an Uncertain World: The Case for Rules
Chapter 13 Reforming the Rules That Govern the Fed
Chapter 14 Improving Monetary Policy by Adopting a Simple Rule
Chapter 15 Nudging the Fed Toward a Rules-Based Policy Regime
PART 4 INTERNATIONAL MONETARY REFORM
Chapter 16 Toward a Rules-Based International Monetary System
Chapter 17 Some Thoughts on International Monetary Policy Coordination
Chapter 18 The Case for a New International Monetary System
Length: 336 pages
Publisher: Cato Institute (July 10, 2018)
Language: English
ISBN-10: 1948647141
ISBN-13: 978-1948647144
Cato__Monetary Policy in an Uncertain World_ Ten Years After the Crisis.epub
(1.84 MB, 需要: 30 个论坛币)
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