LINKAGES TO THE MONETARY POLICY DYNAMICS. THE KYDLAND-PRESCOTT FRAMEWORK IN PERSPECTIVE

      Аннотация: The book is oriented towards the teaching of monetary policy implementation within the context of economics. The book presents some linkages that informs the monetary policy process, which makes it meets the very different needs of student and other would be readers, in understanding the monetary policy process. The structure of the book results in readers finding it an easier approach to understanding complexities of monetary policy implementation process. In fact, any book standing alone is an inadequate resource, even with further reading listed at the back of the book. Education is intrinsically about a dialogue of minds, and so access to a good teacher is indispensable. Therefore, as far as this book is concerned, a graduated approach to learning has been adopted. Besides, the book deals with the fundamentals of monetary policy and its basic vocabulary; as such it could form the basis of an introductory course to monetary economics. In an attempt to cope with difficulties to appreciate the dictates of the book, readers are encouraged to have an appreciation of economics and finance.

Ключевые слова: monetary policy implementation, Linkages, monetary policy process, Fundamentals, economics