Monetary Equilibrium and Nominal Income Targeting

by Nicolás Cachanosky

This book examines the case of nominal income targeting as a monetary policy rule. In recent years the most well-known nominal income targeting rule has been NGDP (level) Targeting, associated with a group of economists referred to as market monetarists (Scott Sumner, David Beckworth, and Lars Christensen among others).

Nominal income targeting, though not new in monetary theory, was relegated in economic theory following the Keynesian...

• Format: Paperback
• Language: English
• ISBN: 0367589443
• ISBN13: 9780367589448
• Release Date: August 2020
• Publisher: Routledge
• Length: 120 Pages
• Weight: 0.45 lbs.
• Dimensions: 0.4" x 5.9" x 9.1"