000 01465cam a2200301 a 4500
008 960306s1996 enka b 000 0 eng
020 _a0198289499
020 _a9780198289494
040 _aDLC
_cDLC
050 0 0 _aHB539
_b.C5613 1996
082 0 0 _a332.8
_bCIO
100 1 _aCiocca, Pierluigi,
245 1 4 _aThe high price of money :
_ban interpretation of world interest rates /
260 _aOxford [England] :
_bClarendon Press ;
_aNew York :
_bOxford University Press,
_cc1996.
300 _ax, 192 p. :
500 _a"This English edition contains a new chapter (Chapter 7)--Preamble.
504 _aIncludes bibliographical references.
520 _aThe argument of this accessible monograph is that, contrary to prevailing opinion, high interest rates are not a fact of economic life. The authors argue that this is a conventional assumption rooted in the expectations of financial markets. World economic evidence from the last twenty years indicates that conscious policies are, in fact, capable of altering interest rates in the short term, without heavy costs. Such policies must be devised and pursued if we are to come out of recession.
590 _agau 04/08/2016
591 _aLoans
650 0 _aInterest rates.
650 0 _aEconomic policy.
700 1 _aNardozzi, Giangiacomo.
700 1 2 _aLevy, Aviram.
856 4 2 _uhttp://www.loc.gov/catdir/enhancements/fy0635/96012610-d.html
942 _2ddc
_cBOOK
949 _a332.8 CIO
999 _c4196
_d4196