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Recent Developments in Monetary Policy

Alec Chrystal and Paul Mizen

Monetary policy in the major industrial countries has largely been a success story in recent years. This authoritative research review includes published papers by Nobel Laureates, central bankers and leading research economists. The key advances in recent thinking that underpin modern monetary policy and indicate some of the current controversies that remain are brought together. Some of these challenges will continue to dominate the thinking of scholars and practitioners for years to come.

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