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Interest Rates, Prices and Liquidity: Lessons from the Financial Crisis (Macroeconomic Policy Making)

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Many of the assumptions that underpin mainstream macroeconomic models have been challenged as a result of the traumatic events of the recent financial crisis. Thus, until recently, it was widely agreed that although the stock of money had a role to play, in practice it could be ignored as long as we used short-term nominal interest rates as the instrument of policy because money and other credit markets would clear at the given policy rate. However, very early on in the financial crisis interest rates effectively hit zero percent and so central banks had to resort to a wholly new set of largely untested instruments to restore order, including quantitative easing and the purchase of toxic financial assets. This book brings together contributions from economists working in academia, financial markets and central banks to assess the effectiveness of these policy instruments and explore what lessons have so far been learned.

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ASP.NET 2.0 Illustrated (Microsoft .Net Development Series)
ASP.NET 2.0 Illustrated (Microsoft .Net Development Series)

Developers moving to ASP.NET 2.0, the breakthrough Web development environment from Microsoft, will want to learn how to take full advantage of the new features that make this the most productive and powerful Web development environment ever. ASP.NET 2.0 Illustrated teaches developers exactly what they need to know to...

mySAP Tool Bag for Performance Tuning and Stress Testing (Hewlett-Packard Professional Books)
mySAP Tool Bag for Performance Tuning and Stress Testing (Hewlett-Packard Professional Books)

Drive maximum performance and value from your SAP investment!

In this book, a leading expert on SAP performance walks through every facet of tuning and optimizing mySAP Solutions, and the technology layers underpinning these solutions, to maximize performance and...

Pro TBB: C++ Parallel Programming with Threading Building Blocks
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This open access book is a modern guide for all C++ programmers to learn Threading Building Blocks (TBB). Written by TBB and parallel programming experts, this book reflects their collective decades of experience in developing and teaching parallel programming with TBB, offering their insights in an approachable manner. Throughout...


Cisco IP Routing Protocols: Troubleshooting Techniques
Cisco IP Routing Protocols: Troubleshooting Techniques

Cisco IP Routing Protocols: Troubleshooting Techniques is a comprehensive reference guide for network professionals facing problems with implementing and configuring IP routing protocols. It begins with an explanation of troubleshooting methodologies and tools, including Cisco and TCP/IP diagnostic commands and basic protocol...

Co-evolution of Intelligent Socio-technical Systems: Modelling and Applications in Large Scale Emergency and Transport Domains (Understanding Complex Systems)
Co-evolution of Intelligent Socio-technical Systems: Modelling and Applications in Large Scale Emergency and Transport Domains (Understanding Complex Systems)

As the interconnectivity between humans through technical devices is becoming ubiquitous, the next step is already in the making: ambient intelligence, i.e. smart (technical) environments, which will eventually play the same active role in communication as the human players, leading to a co-evolution in all domains where real-time...

Calculus Second Edition
Calculus Second Edition
On Teaching Mathematics

As a young instructor, I enjoyed teaching but I didn’t appreciate how difficult it is to communicate mathematics effectively. Early in my teaching career, I was confronted with a student rebellion when my efforts to explain epsilon-delta proofs were not greeted with the enthusiasm I
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