Description

Book Synopsis
Distinguished economist Michael Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy produces low and stable inflation, stable real performance, and encourages financial stability.

The Historical Performance of the Federal Reserve

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    A Hardback by Michael D. Bordo

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      Publisher: Hoover Institution Press,U.S.
      Publication Date: 30/05/2019
      ISBN13: 9780817922146, 978-0817922146
      ISBN10: 0817922148
      Also in:
      Monetary economics

      Description

      Book Synopsis
      Distinguished economist Michael Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy produces low and stable inflation, stable real performance, and encourages financial stability.

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