Description: Papers presented at a conference held at the Hoover Institution in 2019.
Review Quotes: "The cutting edge of debate among leading academics and policy makers on strength and limits of the current monetary policy framework is gathered in this volume. The various chapters bridge theory and central banking practice to offer innovative solutions. At the same time, the authors do not refrain from voicing some scepticism. This book is a must-read for central bankers, monetary economists, and people interested in understanding how monetary policy decisions have been taken and will be taken in the future." -- Agustín Carstens, General Manager of the Bank of International Settlements, former Finance Minister of Mexico, and former Governor of the Bank of Mexico