Monetary Policy Capital Flows and Exchange Rates

Maxwell Fry was known internationally for his research into international and domestic financial issues. This book constitutes a tribute to his pioneering work in so many areas, and draws together contributions from a range of academic and policy-making colleagues who were fortunate enough to experience the depth of knowledge and insights which Maxwell demonstrated. <p>1. <em>William Allen</em> Some Aspects of Inflation Targeting<br>2. <em>DeAnne Julius</em> Back to the Future of Low Global Inflation<br>3. <em>Peter Sinclair</em> Does Faster Inflation Raise or Cut the Rate of Growth<br>4. <em>Charles Goodhart</em> Recent Developments in Central Banking<br>5. <em>Andrew Crockett</em> Thoughts on the New Financial Architecture<br>6. <em>Jerry Caprio</em> and <em>Patrick Honohan</em> Reducing the Costs of Bank Crises: Is Basle Enough?<br>7. <em>Andrew Mullineux</em> A World Without Money and Banking<br>8. <em>Ronald McKinnon</em> Money and Finance at the Periphery of the International Dollar Standard<br>9. <em>Menzie Chinn</em> and <em>Jeffrey Frankel</em> Survey Data on Exchange Rate Expectations<br>10. <em>James Ford</em> and <em>Katherine Hsu</em> Alternative Monetary Targets and Policy Transmission and Adjustment: the Case of Taiwan<br>11. <em>Eric Girardin</em> and <em>Nicholas Horsewood</em> New Transmission Mechanism and Instruments of Monetary Policy at Near Zero Interest Rates: the Case of Japan in the 1990s<br>12. <em>Chang Shu</em> Real Exchange Rates and Capital Flows<br>13. <em>David Dickenson</em> Foreign Investment and Macroeconomic Uncertainty</p>