TY  - BOOK
AU  - Michael Woodford
AU  - Michael Woodford
TI  - Interest and prices : : foundations of a theory of monetary policy
SN  - 9780691010496
U1  - 332.46 WOO 
PY  - 2003///
CY  - Princeton, N.J. ; Woodstock
PB  - : Princeton University Press
KW  - Economics
KW  - ;Monetary policy
KW  - ;International finance
N1  - 	The return of monetary rules --
Price-level determination under interest-rate rules --
Optimizing models with nominal rigidities --
A neo-Wicksellian framework for the analysis of monetary policy --
Dynamics of the response to monetary policy --
Inflation stabilization and welfare --
Gains from commitment to a policy rule --
Optimal monetary policy rules
N2  - Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a world, effective monetary policy requires that central banks construct a conscious and articulate account of what they are doing. Michael Woodford reexamines the foundations of monetary economics, and shows how
ER  -