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The Role of Policymakers in Business Cycle Fluctuations
The Role of Policymakers in Business Cycle Fluctuations
Author: Jim Granato, M. C. Sunny Wong
The book's central theme is that a policymaker's role is to enhance the public's ability to co-ordinate their price information, price expectations, and economic activities. This role is fulfilled when policymakers maintain inflation stability. Inflation persists less when an implicit or explicit inflation target is met. Granato and Wong argue t...  more »
ISBN-13: 9780521860161
ISBN-10: 0521860164
Publication Date: 3/13/2006
Pages: 316
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Publisher: Cambridge University Press
Book Type: Hardcover
Members Wishing: 0
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