TY - BOOK ED - Deutsche Bundesbank. TI - Monetary policy over fifty years: experiences and lessons SN - 9780415478472 (hardback) AV - HG925 .M6599 2009 U1 - 332.4’6 22 PY - 2009/// CY - London, New York PB - Routledge KW - Monetary policy KW - Congresses KW - Banks and banking, Central N1 - This book is based on a conference celebrating the 50th anniversary of the Deutsche Bundesbank; Includes index; Success and failure of monetary policy since the 1950s / David Laidler -- What have economists learned over the past 50 years? / Lars E.O. Svensson -- Will monetary policy become more of a science? / Frederic S Mishkin -- Monetary policy, labour markets and fiscal policy / Olivier Blanchard N2 - It gives an overview on monetary targeting and its problems, on inflation targeting and why it was successful and the institutional framework for monetary policy. The book provides a comprehensive overview of the main challenges faced by central bankers in the past, and how and to what extent monetary economics have been helpful in tackling them. It outlines our current knowledge about the effects of monetary policy and the appropriate institutional framework for central banks, and raises some open questions for the future. ER -