The Science and Practice of Monetary Policy Today The Deutsche Bank Prize in Financial Economics 2007 /

• Corporate Author: SpringerLink (Online service)
• Other Authors: Wieland, Volker (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2010.
• Subjects: Finance.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Finance, general.

This book presents important aspects of the New-Keynesian theory of monetary policy and its implications for the practical decision-making of central bankers today. Bridging the theory and practice of monetary policy, it provides an exposition on the key elements of the New-Keynesian approach, outli...

Table of Contents:

• The New-Keynesian Approach to Understanding the Economy
• Michael Woodford’s Contributions to Monetary Economics
• The New-Keynesian Approach to Monetary Policy Analysis: Lessons and New Directions
• The New-Keynesian Approach in Forecasting and Monetary Policy Design
• The Case for Forecast Targeting as a Monetary Policy Strategy
• Incorporating Conjunctural Analysis in Structural Models
• Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model
• Will Monetary Policy Become More of a Science?
• Will Monetary Policy Become More of a Science?
• The Deutsche Bank Prize in Financial Economics 2007: Award Ceremony and Scientific Symposium in Honor of Michael Woodford
• The Award of the Deutsche Bank Prize 2007
• Opening Speeches at the Scientific Symposium
• Hermann-Josef Lamberti (Deutsche Bank AG)
• Summary of the Scientific Symposium “The Theory and Practice of Monetary Policy Today”
• The Theory and Practice of Monetary Policy Today — Successes, Failures and Open Questions
• The Theory and Practice of Monetary Policy Today — Successes, Failures and Open Questions.