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    Central Banking in Theory and Practice

    Part of Lionel Robbins Lectures

    Author Alan S. Blinder
    Ebook
    The MIT Press
    On sale Jan 07, 1999 | 108 Pages | 9780262260466
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    Alan S. Blinder offers the dual perspective of a leading academic macroeconomist who served a stint as Vice-Chairman of the Federal Reserve Board—one who practiced what he had long preached and then returned to academia to write about it. He tells central bankers how they might better incorporate academic knowledge and thinking into the conduct of monetary policy, and he tells scholars how they might reorient their research to be more attuned to reality and thus more useful to central bankers.

    Based on the 1996 Lionel Robbins Lectures, this readable book deals succinctly, in a nontechnical manner, with a wide variety of issues in monetary policy. The book also includes the author's suggested solution to an age-old problem in monetary theory: what it means for monetary policy to be "neutral."

    Alan S. Blinder is G. S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University. He is the author of The Quiet Revolution: Central Banking Goes Modern and other books.
    Alan S. Blinder View titles by Alan S. Blinder
    This brief exposé of central banking and monetary policy...should be required reading for all those, specialists and nonspecialists alike, interested in those subjects.—Manuel Guitián, Finance and Development—

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    Alan S. Blinder offers the dual perspective of a leading academic macroeconomist who served a stint as Vice-Chairman of the Federal Reserve Board—one who practiced what he had long preached and then returned to academia to write about it. He tells central bankers how they might better incorporate academic knowledge and thinking into the conduct of monetary policy, and he tells scholars how they might reorient their research to be more attuned to reality and thus more useful to central bankers.

    Based on the 1996 Lionel Robbins Lectures, this readable book deals succinctly, in a nontechnical manner, with a wide variety of issues in monetary policy. The book also includes the author's suggested solution to an age-old problem in monetary theory: what it means for monetary policy to be "neutral."

    Author

    Alan S. Blinder is G. S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University. He is the author of The Quiet Revolution: Central Banking Goes Modern and other books.
    Alan S. Blinder View titles by Alan S. Blinder

    Praise

    This brief exposé of central banking and monetary policy...should be required reading for all those, specialists and nonspecialists alike, interested in those subjects.—Manuel Guitián, Finance and Development—

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