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" The making of monetary policy in the UK, 1975-2000 / "
David Cobham.
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BL
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| Record Number
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1038998
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| Doc. No
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b793368
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| Main Entry
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Cobham, David P.
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| Title & Author
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The making of monetary policy in the UK, 1975-2000 /\ David Cobham.
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| Publication Statement
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Chichester, West Sussex ;New York :: J. Wiley,, ©2002.
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| Series Statement
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Series in financial economics and quantitative analysis
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| Page. NO
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1 online resource (xvi, 210 pages) :: illustrations
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| ISBN
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0470855169
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: 1280270136
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: 9780470855164
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: 9781280270130
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0471623873
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9780471623878
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| Bibliographies/Indexes
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Includes bibliographical references ([199]-206) and index.
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| Contents
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The Making of Monetary Policy in the UK, 1975-2000; Contents; List of Figures; List of Tables; Series Preface; Preface; Acknowledgements; List of Abbreviations; 1 Analytical Introduction: Alternative Monetary Frameworks; 2 Historical Introduction; 3 Monetary Targeting, 1977-1986; 4 The Interregnum and the Lawson Boom, 1985-1990; 5 The ERM Interlude, 1990-1992; 6 The 1993-1997 'New Framework' for Monetary Policy; 7 Monetary Policy under the MPC, 1997-2000; 8 Interest Rate Decisions and the Exchange Rate; 9 Monetary Policy and the Exchange Rate; 10 Interest Rate Smoothing.
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11 Conclusion: Competence, Commitment and Monetary Policy PerformanceReferences; Index.
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| Abstract
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Over the quarter of a century with which this book is concerned, the UK has had an extraordinarily diverse experience of monetary policy and monetary regimes. Monetary policy has been transformed, from attempts to control broad money from the supply side with the use of indirect controls on banks' lending, to an almost exclusive focus on interest rates in a context of inflation targeting. The exchange rate has at times been fixed, at other times almost perfectly flexible, and at other times again more or less managed.
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| Subject
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Monetary policy-- Great Britain.
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BUSINESS ECONOMICS-- Economics-- Macroeconomics.
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Monetary policy.
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POLITICAL SCIENCE-- Economic Conditions.
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Great Britain.
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| Dewey Classification
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339.5/3/094109045
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| LC Classification
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HG939.5.C574 2001eb
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