Exact(2)
Christine A. Desan, The Constitutional Approach to Money: Monetary Design and the Production of the Modern World, in Money Talks 109 (Nina Bandelj, Frederick F. Wherry & Viviana Zelizer eds., 2017).
She could use the opportunity to hint at a new approach to European integration, one that starts in the country that has suffered the most, a victim both of the eurozone's faulty monetary design and of its society's own failings.
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This paper investigates monetary policy design when central bank and private-sector expectations differ.
The interrelationship between monetary regime design and central bank transparency is examined.
The main findings regarding the issue of monetary policy design can be summarized as three fold.
I contend that financial instability is, and always has been, largely a problem of monetary system design.
The prevailing modern approach to monetary system design involves entry restriction, or confining money creation to the government itself and to a set of specially chartered banks.
Recent work on monetary policy design has investigated the interactions between labor market institutions and monetary policies and their implications for macroeconomic performance.
We find gains from utilizing robust approaches to monetary policy design, but only when the approach to robustness is carefully tailored to the problem at hand.
The recent literature on monetary policy design has emphasized the importance of equilibrium determinacy and learnability in the choice of policy rules.
CBI is just one potentially useful monetary policy design instrument among several, and CBI should not be treated as an exogenous variable.
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