{"product_id":"inflation-targeting-and-financial-stability-monetary-policy-challenges-for-the-future","title":"Inflation Targeting and Financial Stability: Monetary Policy Challenges for the Future","description":"\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003e\n\u003cbr\u003eThe book investigates the reasons why central bank policies have failed to steer inflation as desired since the financial crisis of 2008\/09. It argues that central banks should not focus too narrowly on inflation targets but should also consider the side effects of their actions, such as the risk of financial booms and busts. \u003c\/blockquote\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\\n                                                            \u003cstrong\u003eFormat\u003c\/strong\u003e: Hardback\u003cbr\u003e\\n                              \u003cstrong\u003eLength\u003c\/strong\u003e: 111 pages\u003cbr\u003e\\n                              \u003cstrong\u003ePublication date\u003c\/strong\u003e: 06 March 2019\u003cbr\u003e\\n                              \u003cstrong\u003ePublisher\u003c\/strong\u003e: Springer Nature Switzerland AG\u003cbr\u003e\\n                          \u003c\/p\u003e\u003cp\u003e\u003cbr\u003eSince the financial crisis of 2008\/09, the world's major central banks have been struggling to return their economies to higher growth and reach their inflation targets. This comprehensive book analyzes the importance of central bank policies for the economy, specifically investigating the reasons why they have failed to steer inflation as desired. The author, the Chief Economist at Allianz SE, argues that in an environment of great uncertainty concerning the pass-through of monetary stimulus to the economy, central banks should not focus too narrowly on inflation targets but should increasingly take the side effects of their actions into account. In particular, he contends that they must seek to minimize the risk of financial booms and busts in order to maximize long-term growth and prosperity. Building on existing research and contributing to the current debate, the book offers a valuable reference guide and food for thought for policymakers, professionals, and students alike.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eSince the financial crisis of 2008\/09, the world's major central banks have been struggling to return their economies to higher growth and reach their inflation targets.\u003c\/p\u003e\u003cp\u003eThis comprehensive book analyzes the importance of central bank policies for the economy, specifically investigating the reasons why they have failed to steer inflation as desired.\u003c\/p\u003e\u003cp\u003eThe author, the Chief Economist at Allianz SE, argues that in an environment of great uncertainty concerning the pass-through of monetary stimulus to the economy, central banks should not focus too narrowly on inflation targets but should increasingly take the side effects of their actions into account.\u003c\/p\u003e\u003cp\u003eIn particular, he contends that they must seek to minimize the risk of financial booms and busts in order to maximize long-term growth and prosperity.\u003c\/p\u003e\u003cp\u003eBuilding on existing research and contributing to the current debate, the book offers a valuable reference guide and food for thought for policymakers, professionals, and students alike.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\\n                            \u003cstrong\u003eWeight\u003c\/strong\u003e: 356g\\n                            \u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 246 x 173 x 14 (mm)\\n                            \u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9783030050771\\n                            \u003cbr\u003e \u003cstrong\u003eEdition number\u003c\/strong\u003e: 1st ed. 2019\\n                          \u003c\/p\u003e","brand":"Michael Heise","offers":[{"title":"Hardback","offer_id":44102682706170,"sku":"9783030050771","price":45.8,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/a9b88d3af4eb0cc08731368f82321e1d.jpg?v=1627095678","url":"https:\/\/shulphink.com\/products\/inflation-targeting-and-financial-stability-monetary-policy-challenges-for-the-future","provider":"Shulph Ink","version":"1.0","type":"link"}