LIBROS DEL AUTOR: george selgin

3 resultados para LIBROS DEL AUTOR: george selgin

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  • The Menace of Fiscal QE
    George Selgin
    As the Federal Reserve struggles to fulfill its mandate in a world of low and falling interest rates, it faces yet another challenge: that of resisting a new threat to its hard-won independence.Thanks to crisis-era changes to its operating procedures, the Fed now enjoys practically unlimited powers of quantitative easing (QE): it can buy as many assets as it likes while still c...
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    19,08 €

  • Floored!
    George Selgin
    In October 2008, as the U.S. economy plunged, the Federal Reserve began paying interest on banks’ reserve balances. The resulting switch to a “floor system” of monetary control, in which changes in the interest rate on reserves, rather than reserve creation or destruction, became the Fed’s chief tool for influencing economic activity, was to have far-reaching consequences—almos...
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    12,80 €

  • Less Than Zero
    George Selgin
    In this new edition of his highly praised 1997 book, George Selgin argues that monetary policy should not have the goal of price stability, but should aim to allow prices to move in-line with movements in productivity (the so-called “productivity norm”). Radical and contrarian, this hugely original book remains a mini-classic. ...
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    11,36 €