454 pages including references and indices. Covers are worn at the edges with a few scratches on the front and rear cover. A small 0.5 cm orange mark on the top of the block as well as a few other small markings. Previous owner's inscription on half title page. Bottom right corner of front cover has been slightly creased and there is a faint orange mark on the block at this point. The pages are crisp, clean and free of any markings. The book is tightly bound.
'This book provides an in-depth description and analysis of monetary policy in Europe and the United States. Unusually for a volume in the field, it focuses on actual monetary policy--targets, institutions, strategies, and instruments--but traditional and contemporary theoretical approaches to monetary policy form the basis for each chapter. Concentrating specifically on the European Central Bank, Monetary Policy offers one of the first comprehensive guides to understanding the targets, strategy, and instruments of the ECB.
In the past, many books have presented mere descriptions of the institutional framework without providing a theoretical framework, while others have dealt mainly with theoretical aspects, thus neglecting the policy implications of their analysis. By combining a theoretical with a policy-oriented approach, Peter Bofinger succeeds in closing this gap in the monetary policy literature. As a result, his book will appeal to a broad readership, including investment bankers and other professional investors, central bankers, and scholars working in the field.' (Information taken from rear cover)