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OverviewFull Product DetailsAuthor: Pierre L. Siklos (Professor of Economics and Director, Professor of Economics and Director, Viessmann European Research Centre, Wilfrid Laurier University, Ontario, Canada)Publisher: Oxford University Press Inc Imprint: Oxford University Press Inc Dimensions: Width: 23.60cm , Height: 3.10cm , Length: 16.30cm Weight: 0.592kg ISBN: 9780190228835ISBN 10: 0190228830 Pages: 344 Publication Date: 12 October 2017 Audience: College/higher education , College/higher education , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: To order ![]() Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsChapter 1 Moderation Before the Storm Chapter 2 When Finance and the Real Economy Collide Chapter 3 The Anatomy of Financial Crises and the Role of Monetary Policy Chapter 4 The Decline of Simplicity and the Rise of Unorthodoxy Chapter 5 The Over-Burdened Central Bank and the Shift Away From Autonomy Chapter 6 Disquiet on All Fronts? Chapter 7 Trust, But VerifyReviews"""The story of the role of central banks over the last decade is fascinating, and Pierre Siklos is very well placed to tell it. His great strengths are that he understands the important links between politics and central bank operations, and he gives a proper emphasis to the important development of the macro-prudential pillar of monetary policy."" -- C.A.E. Goodhart, Professor in the Financial Markets Group, London School of Economics ""Central banks are changing. At the peak of their prestige during the Great Moderation, their target was low inflation, with financial stability and full employment expected to follow. Those expectations were disappointed by the Great Financial Crisis and the weak growth that followed. Professor Siklos' insightful analysis is recommended to those who would understand the experiences of central banks during these difficult times and their attempts to adapt to the new intellectual and structural environment."" -- John Wood, Reynolds Professor of Economics, Wake Forest University ""Yes, central banks did step ""into the breach"" during the financial crisis and, as Pierre Siklos argues persuasively in this book, found themselves in a strange new world. Siklos' scholarship and knowledge of central banking are hard to match. Few people in the world could have written this book."" -- Alan Blinder, Princeton University" The story of the role of central banks over the last decade is fascinating, and Pierre Siklos is very well placed to tell it. His great strengths are that he understands the important links between politics and central bank operations, and he gives a proper emphasis to the important development of the macro-prudential pillar of monetary policy. <p/>-- C.A.E. Goodhart, Professor in the Financial Markets Group, London School of Economics Central banks are changing. At the peak of their prestige during the Great Moderation, their target was low inflation, with financial stability and full employment expected to follow. Those expectations were disappointed by the Great Financial Crisis and the weak growth that followed. Professor Siklos' insightful analysis is recommended to those who would understand the experiences of central banks during these difficult times and their attempts to adapt to the new intellectual and structural environment. <p/>-- John Wood, Reynolds Professor of Economics, Wake Forest University Yes, central banks did step into the breach during the financial crisis and, as Pierre Siklos argues persuasively in this book, found themselves in a strange new world. Siklos' scholarship and knowledge of central banking are hard to match. Few people in the world could have written this book. <p/>-- Alan Blinder, Princeton University Author InformationPierre L. Siklos is Professor of Economics, Wilfrid Laurier University. He is a Senior Fellow of the Centre for International Governance Innovation (CIGI) and a Research Fellow and member of the C.D. Howe Institute's Monetary Policy Council. Tab Content 6Author Website:Countries AvailableAll regions |