000			04186nam a22004455i 4500
001			978-3-642-02953-0
003			DE-He213
005			20140220084524.0
007			cr nn 008mamaa
008			100301s2010 gw | s |||| 0|eng d
020			_a9783642029530 _9978-3-642-02953-0
024	7		_a10.1007/978-3-642-02953-0 _2doi
050		4	_aHG1-9999
072		7	_aKCBM _2bicssc
072		7	_aKCLF _2bicssc
072		7	_aBUS027000 _2bisacsh
082	0	4	_a332 _223
100	1		_aWieland, Volker. _eeditor.
245	1	4	_aThe Science and Practice of Monetary Policy Today _h[electronic resource] : _bThe Deutsche Bank Prize in Financial Economics 2007 / _cedited by Volker Wieland.
264		1	_aBerlin, Heidelberg : _bSpringer Berlin Heidelberg, _c2010.
300			_bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0		_aThe New-Keynesian Approach to Understanding the Economy -- Michael Woodford’s Contributions to Monetary Economics -- The New-Keynesian Approach to Monetary Policy Analysis: Lessons and New Directions -- The New-Keynesian Approach in Forecasting and Monetary Policy Design -- The Case for Forecast Targeting as a Monetary Policy Strategy -- Incorporating Conjunctural Analysis in Structural Models -- Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model -- Will Monetary Policy Become More of a Science? -- Will Monetary Policy Become More of a Science? -- The Deutsche Bank Prize in Financial Economics 2007: Award Ceremony and Scientific Symposium in Honor of Michael Woodford -- The Award of the Deutsche Bank Prize 2007 -- Opening Speeches at the Scientific Symposium -- Hermann-Josef Lamberti (Deutsche Bank AG) -- Summary of the Scientific Symposium “The Theory and Practice of Monetary Policy Today” -- The Theory and Practice of Monetary Policy Today — Successes, Failures and Open Questions -- The Theory and Practice of Monetary Policy Today — Successes, Failures and Open Questions.
520			_aThis book presents important aspects of the New-Keynesian theory of monetary policy and its implications for the practical decision-making of central bankers today. Bridging the theory and practice of monetary policy, it provides an exposition on the key elements of the New-Keynesian approach, outlines important lessons for policymakers, and points to new directions for further research. Important policy implications of the New-Keynesian approach such as the case for forecast targeting as a strategy for monetary policy, the combination of model-based forecasts with cyclical analysis, and strategies for cross-checking model-based policy recommendations are presented in detail. The book brings together new contributions from leading scientists and experienced policymakers presented at an academic symposium on the occasion of the awarding of the Deutsche Bank Prize in Financial Economics 2007 to Professor Michael Woodford. With contributions by: Josef Ackermann, Deutsche Bank AG; Günter Beck, Goethe University Frankfurt; Jordi Galí, Universitat Pompeu Fabra; Stefan Gerlach, Goethe University Frankfurt; Domenico Giannone, European Central Bank; Otmar Issing, Goethe University Frankfurt; Hermann-Josef Lamberti, Deutsche Bank AG; Patrick Lane, The Economist; Bennet T. McCallum, Carnegie Mellon University; Frederic Mishkin, Columbia Business School; Francesca Monti, Université Libre de Bruxelles; Lucrezia Reichlin, London Business School; Norbert Walter, Deutsche Bank AG; Celia Wieland, wieland EconConsult; Volker Wieland, Goethe University Frankfurt; Michael Woodford, Columbia University
650		0	_aEconomics.
650		0	_aFinance.
650		0	_aBanks and banking.
650	1	4	_aEconomics/Management Science.
650	2	4	_aFinancial Economics.
650	2	4	_aFinance /Banking.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783642029523
856	4	0	_uhttp://dx.doi.org/10.1007/978-3-642-02953-0
912			_aZDB-2-SBE
999			_c111454 _d111454