International Finance, II. Financial history by Gábor Dávid Kiss
Content:
– the shock-therapy of the post-Bretton Woods era
– pragmatic monetarism
– defaults in the developed world
– the dawn of inflation targeting
– low volatility in macro-variables
Reading:
John B. Taylor and John C. Williams (2011): Simple and Robust Rules for Monetary Policy, in: Friedman B. M., Woodford M. (eds.): Handbook of Monetary Economics, Elsevier, pp. 829-856 .
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The Great Moderation (1982-2007) (International Finance, II. Financial history)
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The Great Moderation (1982-2007) (International Finance, II. Financial history)
a financial history of the world
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