Monetary Policy and Interest Rates: Proceedings of a Conference Sponsored by Banca D’Italia, Centro Paolo Baffi and the Innocenzo Gasparini Institute for Economic Research

Ten papers from a conference presumably held in Italy somewhere during the 1990s; central bankers keep their cards close to their chests. Contributors from academia and the finance industry explore how the yield curve, the relation among market interest rates of different maturities, can be used to help assess the credibility and the sustainability of monetary policy strategies, and how monetary policy actions in turn affect the yield curve. Annotation c. by Book News, Inc., Portland, Or.