{"product_id":"9783639012002","title":"Frameworks for the Theoretical and Empirical Analysis of Monetary Policy","description":"This book (which is Stephan Saue\u0026amp;rgrave;s Ph.D. thesis at the University of Munich) applies a wide range of economic methodologies to the analysis of monetary policy. \u003cbr\u003eThe first chapter introduces current challenges for central banking and summarises the results. Chapter 2 looks at optimal monetary policy in the modern micro-founded New Keynesian macroeconomic model, while chapter 3 offers an empirical investigation of monetary policy in the euro area. The final chapter 4 combines a microeconomic model of liquidity shocks on an asset market that includes features of market microstructure theory with a model of the goods market inspired by nominal rigidities as common in macroeconomic models. \u003cbr\u003eAll three chapters are connected by the prominent role of different rules and the objective to develop and apply frameworks for the analysis of monetary policy from a theoretical and empirical perspective. \u003cbr\u003eThe book aims at researchers and economists interested in monetary policy at academic and research institutions as well as central banks.","brand":"VDM Verlag Dr. Mueller E.K.","offers":[{"title":"Default Title","offer_id":47058093637872,"sku":"9783639012002","price":76.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9783639012002_p0.jpg?v=1763727598","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9783639012002","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}