Título:
21st century monetary policy : the Federal Reserve from the great inflation to COVID-19
Autor Pessoal:
GVPL_EDITION:
First edition.
Data de Publicação:
2022
GVPL_PUBLICATION_INFO:
New York, NY : W. W. Norton & Company, [2022]
Descrição Física:
xxvi, 480 pages : illustration ; 25 cm
ISBN:
9781324020462
Resumo:
In 21st Century Monetary Policy, Ben S. Bernanke--former chair of the Federal Reserve and one of the world's leading economists--explains the Fed's evolution and speculates on its future. Taking a fresh look at the bank's policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed's innovations. He also lays out new challenges confronting the Fed, including the return of inflation, cryptocurrencies, increased risks of financial instability, and threats to its independence.
Conteúdos:
Part I: 20th century monetary policy -- The rise and fall of inflation -- The great inflation -- Burns and Volcker -- Greenspan and the nineties boom -- Part II: 21st century monetary policy -- The global financial crisis and the great recession -- New century, new challenges -- The global financial crisis -- A new monetary regime: From QE1 to QE2 -- Monetary evolution: QE3 and the Taper Tantrum -- Part III: 21st century monetary policy -- From liftoff to the covid-19 pandemic -- Liftoff -- Powell and Trump -- Pandemic -- Part IV: 21st century monetary policy -- What lies ahead -- The Fed's post-2008 toolkit: Quantitative easing and forward guidance -- Is the Fed's toolkit enough? -- Making policy more powerful: New tools and frameworks -- Monetary policy and financial stability -- The Fed's independence and role in society.
Assunto Corporativo:
Termo Geográfico:
Linguagem:
Inglês
