Inflation Targeting and Financial Stability Monetary Policy Challenges for the Future /

• Main Author: Heise, Michael (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Subjects: Macroeconomics.; Capital market.; European Economic Community literature.; Macroeconomics/Monetary Economics//Financial Economics.; Capital Markets.; European Integration.

Since the financial crisis of 2008/09, the world's major central banks have been struggling to return their economies to higher growth and to reach their inflation targets. This concise book analyzes the importance of central bank policies for the economy, and specifically investigates the reas...

Table of Contents:

• 1 Introduction
• 2 Some Reflections on the Secular Decline of Interest Rates
• 3 Uncertainties About the Monetary Transmission Mechanism
• 4 Side Effects of Monetary Accomodation
• 5 Towards a Monetary Policy Fit for the Future
• 6 Conclusion.