21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 | 誠品線上

21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19

內容簡介

內容簡介 2022諾貝爾經濟學獎得主美國前聯準會主席柏南克21世紀貨幣政策：從高通膨到新冠疫情下的美國聯準會✰ 柏南奇解析美聯準會決策美聯準會前主席暨諾貝爾經濟學獎得主說明聯準會的演變及推測未來發展。他審視1960年後的貨幣政策，闡明經濟變化如何推動聯準會創新，也列出聯準會今後面臨的挑戰。你不是不懂經濟，而是沒弄懂危機中的聯準會！2022年諾貝爾經濟學獎得主、聯準會前主席柏南克，探討二十一世紀貨幣政策 最新力作！＼＼解答全球最受關注的央行動向與決策／／自上世紀大通膨，到本世紀金融危機與新冠疫情，全世界都在看，聯準會的下一步會怎麼做？但不斷跨越政策紅線的聯準會，真的還有能力穩定經濟嗎？柏南克從歷史的視角檢視聯準會，從1960年代寫起，期間聯準會主席從馬丁嬗遞到鮑爾，中間歷經伏克爾、格林斯潘、葉倫，以及柏南克等人，政策方針、工具與操作手法已顯著改變。這些改變深受這段時期的通膨走勢變化、自然利率長期下降，以及金融不穩定風險增加的影響。柏南克以其諾貝爾獎學者與聯準會前主席身分，討論這期間經濟與金融上的重大議題，以及聯準會如何因應這些挑戰。聯準會在危機中扮演的角色已一再擴大，不斷跨越過去被視為禁忌的紅線，由最後貸款者轉為最後購買者（buyer of last resort），並充當信用配置者（credit allocator）。央行除了承擔部分財政當局的紓困責任，還兼任類似於商業銀行的角色。＼＼美元是美國的貨幣，卻成了全世界的大問題？／／《柏南克談聯準會》說明聯準會的背景與演變，也推測了它的未來。柏南克以全新的觀點，帶領讀者深入聯準會一窺堂奧，並說明它做了什麼及其背後的邏輯。他指出經濟的改變如何推動聯準會的創新，也列出聯準會面臨的新挑戰，包括通膨再現、加密貨幣、金融不穩定的風險增加，以及聯準會的獨立性所受到的威脅。本書也揭露聯準會發布政策的決策過程，以及聯準會主事者的性格與理念。是有興趣了解現代金融、投資或經濟趨勢的人必讀的傑作。本中文書介出自《柏南克談聯準會: 二十一世紀貨幣政策》感電出版The winner of the 2022 Nobel Prize in Economics and former chair of the Federal Reserve explains the transformation of one our most powerful and consequential institutions.In response to the COVID-19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U.S. economy. Chair Jerome Powell and his colleagues lent directly to U.S. businesses, purchased trillions of dollars of government securities, pumped dollars into the international financial system, and crafted a new framework for monetary policy that emphasized job creation.These strategies would have astonished Powell’s late-20th-century predecessors, from William McChesney Martin to Alan Greenspan, and the advent of these tools raises new questions about the future landscape of economic policy.In 21st Century Monetary Policy, Ben S. Bernanke―former chair of the Federal Reserve and one of the world’s leading economists―explains the Fed’s evolution and speculates on its future. Taking a fresh look at the bank’s policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed’s innovations. He also lays out new challenges confronting the Fed, including the return of inflation, cryptocurrencies, increased risks of financial instability, and threats to its independence.Beyond explaining the central bank’s new policymaking tools, Bernanke also captures the drama of moments when so much hung on the Fed’s decisions, as well as the personalities and philosophies of those who led the institution."

作者介紹

作者介紹 Ben S BernankeBen S. Bernanke is a Distinguished Senior Fellow at the Brookings Institution. Author of the best-selling memoir The Courage to Act, he served as chair of the Federal Reserve from 2006 to 2014.

商品規格

活動

• 9/9前 圖書滿$988享9折
• 外文館慶-滿$988購物車結帳再9折(雜誌除外)
• 9/9前 全站滿$1,588享9折