Interest rates, prices and liquidity : lessons from the financial crisis / edited by Jagjit S. Chadha and Sean Holly.

"Many of the assumptions that underpin mainstream macroeconomic models have been challenged as a result of the traumatic events of the recent financial crisis. Thus, until recently, it was widely agreed that although the stock of money had a role to play, in practice it could be ignored as long...

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Bibliographic Details
Online Access: Full Text (via ProQuest)
Other Authors: Chadha, Jagjit, Holly, Sean
Format: eBook
Language:English
Published: Cambridge, UK ; New York : Cambridge University Press, 2012.
Series:Macroeconomic policy making.
Subjects:
Table of Contents:
  • New instruments of monetary policy / Jagjit S. Chadha and Sean Holly
  • Liquidity and monetary policy / Douglas Gale
  • Interest rate policies and stability of banking systems / Hans Gersbach and Jan Wenzelberger
  • Handling liquidity shocks: QE and Tobin's q / John Driffill and Marcus Miller
  • Asset purchase policies and portfolio balance effects: a DSGE analysis / Richard Harrison
  • Financial intermediaries in an estimated DSGE model for the UK / Stefania Villa and Jing Yang
  • Central bank balance sheets and long term forward rates / Sharon Kozicki, Eric Santor and Lena Suchanek
  • Non-standard monetary policy measures and monetary developments / Domenico Giannone, Michele Lenza, Huw Pill and Lucrezia Reichlin
  • QE: one year on / Spencer Dale
  • What saved the banks: unconventional monetary or fiscal policy? / Mike Wickens
  • Non-conventional monetary policies: QE and the DSGE literature / Evren Caglar, Jagjit Chadha, Jack Meaning, James Warren and Alex Waters.