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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      Book details

      Publisher Hoover Institution Press,U.S.
      Published 30 May 2019
      ISBN-13 9780817922146
      978-0817922146
      ISBN-10 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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