Central banking pre and post financial crisis, Business Economics

Question 1:

"Policy can be conducted by rules or discretion.. The increased role of expectations led to some economists arguing that it would be best to force monetary policy makers to commit to following a policy rule instead of allowing them to pick the appropriate policy at their discretion. However, the issue lies in the credibility of policy rules as the optimal policy rule is subject to a time-inconsistency problem. This problem can be partly overcome by taking appropriate measures with regards to the operation of the central bank."


Analyse in detail the above statement. Use appropriate models where needed.

Question 2:

Write on any two of the following:

(a) Inflation Targeting
(b) Central Banking pre and post financial crisis
(c) The repo rate as an instrument for monetary policy of the Bank of Mauritius

Posted Date: 10/23/2013 3:42:36 AM | Location : United States

Related Discussions:- Central banking pre and post financial crisis, Assignment Help, Ask Question on Central banking pre and post financial crisis, Get Answer, Expert's Help, Central banking pre and post financial crisis Discussions

Write discussion on Central banking pre and post financial crisis
Your posts are moderated
Related Questions
Discuss Morality in international context

Does aid improve development? Aid improves development as: • Aid is utilized to increase productive capacity and the advantages of resultant growth is extensively spread an

Nathan is a successful public relations (PR) consultant, thanks to an outgoing personality and sharp intelligence. At 35, he is near the height of his earnings potential, at around

Ask question critically evaluate the two main utility theories #Minimum 100 words accepted#

Suppose that EBV makes a $6m Series A investment in Newco for 1m shares at $6 per share. One year later, Newco has fallen on hard times, and receives a $6m Series B financing from

ITunes is rapidly dominating the global market for music sale. Assume that the download  price for Dance artist Calvin Harris's single "Feel So Close" is $1.19 and the number of  d

There are many benefits to a free market economy. They range from the moral issues to the practical issues. We will deal mainly with the practical ones. Unprecedented innovati

What are development policies? Development policies are strategies adopted through governments, international agencies as like the IMF and non-government organisation (NGOs) a

is indian companies running a risk by not giving attention to cost cutting?

with a water park going in town. What kind of externality is this?