Search results for ""author john b. taylor""

John Taylor is one of the foremost economists of our generation. His ideas were implemented in central banks across the world during the period of price stability, economic growth and financial stability that followed the 1980s. This period culminated in the financial crisis of 2008 which was followed by a very slow recovery which, seven years on, can hardly be said to be complete. This book presents Taylor's view of the financial crisis and its aftermath.Taylor argues that deviating from strict policy rules, both before and since the crisis, contributed to the events of 2008-13 and, especially, the very slow recovery in national income after the financial crisis. Furthermore, in other areas of government activity, such as regulation and law-making more generally, instability is being created, which is very bad for the economy.

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This volume presents late-1990s thinking on monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A co-operative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. This work illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other central banks, the text should be of interest for economic analysts and policymakers alike.

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Handbook of Macroeconomics surveys all major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues. It courageously examines why existing models failed during the financial crisis, and also addresses well-deserved criticism head on. With contributions from the world's chief macroeconomists, its reevaluation of macroeconomic scholarship and speculation on its future constitute an investment worth making.

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Increasing demands on acute hospital resources, together with a reduction in the number of available beds, has placed a greater emphasis on the need for rapid and effective assessment of patients in order to determine their need for hospital adsmission. This has led to the widespread emergence of the specialist Medical Assessment Unit (MAU). This timely book provides an up- to-date guide to the assessment and immediate management of patients with acute medical conditions. It presents a structured approach based on common presenting features and focuses on the first twenty four hours of the patient's stay in hospital. In writing this book, the editors have been able to draw on their own clinical experiences as a charge nurse in Accident and Emergency nursing and a sister in acute cardiology and respectively.

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Mired in a crippling economic slump and hamstrung by partisan political debates, America faces substantial economic challenges, from widespread unemployment to the government’s ballooning debt. These assaults on our prosperity reflect the unintended consequences of more than a decade of government intervention in virtually all areas of the economy. Stanford University economist John B. Taylor proposes a natural and reasonable solution to our economic challenges: return to the country’s founding principles—limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework—and rekindle its economic dynamism.

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Handbook of Macroeconomics surveys all major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues. It courageously examines why existing models failed during the financial crisis, and also addresses well-deserved criticism head on. With contributions from the world's chief macroeconomists, its reevaluation of macroeconomic scholarship and speculation on its future constitute an investment worth making.

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As the Federal Reserve System conducts its latest review of the strategies, tools, and communication practices it deploys to pursue its dual-mandate goals of maximum employment and price stability, Strategies for Monetary Policy - drawn from the 2019 Monetary Policy Conference at the Hoover Institution - emerges as an especially timely volume. The book's expert contributors examine key policy issues, offering their perspectives on US monetary policy tools and instruments and the interaction between Fed policies and financial markets. The contributors review central bank inflation-targeting policies, how various monetary strategies actually work in practice, and the use of nominal GDP targeting as a way to get the credit market to work well and fix the friction in that market. In addition, they discuss the effects of the various rules that the Fed considers in setting policy, how the Fed's excessive fine-tuning of the economy and financial markets has added financial market volatility and harmed economic performance, and the key issues that impact achievement of the Fed's 2 percent inflation objective. The volume concludes by exploring potential options for enhancing our policy approach.

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Pocket Psychiatry, a new addition to the Pocket Notebook series, is written by residents for residents. A resource for essential information, in a high-yield, easy-to-use format, designed to help students, trainees, and others navigate the initial psychiatric evaluation and management of the most commonly encountered psychiatric conditions. With an emphasis on evidence-based information, Pocket Psychiatry, provides a rare concise and accessible resource, for must-know information on hospital- and clinic-based psychiatric care — from history and physical exam to differential diagnosis testing to therapeutics — in the well known loose leaf pocket size format. Bulleted lists, tables, diagrams, and algorithms make essential facts easy to find and retain. Progress logically from symptoms to differential diagnosis, workup and diagnosis, assessment of risks and benefits of available treatments, to treatment and prognosis. Review of the highest impact trials and literature guiding psychiatric care. Covers all major psychiatric diagnosis, plus management of psychiatric emergencies, the intersection of the legal system and psychiatry, and addition of quick reference for the most commonly used medications in psychiatric management. Written by psychiatry and medicine residents from the Harvard University, and edited by senior faculty. Enrich Your eBook Reading Experience Read directly on your preferred device(s), such as computer, tablet, or smartphone. Easily convert to audiobook, powering your content with natural language text-to-speech.

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