WorldCat Identities

Posen, Adam Simon

Works: 120 works in 267 publications in 2 languages and 4,008 library holdings
Genres: Case studies  Conference papers and proceedings 
Roles: Author, Editor
Publication Timeline
Most widely held works about Adam Simon Posen
Most widely held works by Adam Simon Posen
The euro at ten : the next global currency? by Jean Pisani-Ferry( )

11 editions published between 2009 and 2014 in English and held by 1,434 WorldCat member libraries worldwide

Over the first ten years of its existence, the euro has proved to be more than a powerful symbol of collective identity. It has provided price stability to previously inflation-prone countries; it has offered a shelter against currency crises; and it has by and large been conducive to budgetary discipline. The eurozone has attracted five new members in addition to the initial eleven, and many countries in Europe wish to adopt it. The euro has also been successful internationally. Even though research presented in this volume confirms that it has not rivaled the dollar's world currency status, it has certainly become a strong regional currency in Europe and the Mediterranean region. Some countries in the region have de facto adopted it, several peg to it, and many have become at least partially euroized. However, the euro's impressive first decade is likely to be followed by a much more difficult period. The present financial crisis is posing at least two important challenges: real economic adjustment within the euro area and maintenance of fiscal and financial stability without a central government authority capable of taking appropriate financial and fiscal decisions in difficult times. The papers and remarks in this volume demonstrate that the euro has proved to be attractive as a fair weather currency for countries and investors well beyond its borders. But it remains to be seen whether it is equipped to also succeed as a stormy weather currency
Responding to financial crisis : lessons from Asia then, the United States and Europe now by Adam S Posen( )

11 editions published in 2013 in English and held by 643 WorldCat member libraries worldwide

"Analyzes different dimensions of past financial and economic crises from the perspective of Asian countries. It examines a number of diverse crisis-relevant themes, ranging from sovereign debt to central bank responses to financial safety nets. Drawing on concrete and specific lessons from past crises, this book aims to help today's Asian policymakers better manage crises and prevent them from arising in the future"--
Disciplined discretion : monetary targeting in Germany and Switzerland by Thomas Laubach( Book )

14 editions published between 1997 and 1998 in English and held by 386 WorldCat member libraries worldwide

Restoring Japan's economic growth by Adam Simon Posen( Book )

9 editions published between 1998 and 1999 in English and Japanese and held by 329 WorldCat member libraries worldwide

He demonstrates that Japanese economic stagnation in the 1990s is the result of mistaken fiscal austerity and financial laissez-faire rather than a structural decline of the "Japan Model." The author outlines a program for putting the country back on the path to solid economic growth - primarily through permanent tax cuts and monetary stabilization - and draws broader lessons from the recent Japanese policy actions that led to the country's continuing stagnation."--Jacket
Japan's financial crisis and its parallels to U.S. experience( Book )

6 editions published in 2000 in English and held by 225 WorldCat member libraries worldwide

The euro at five : ready for a global role? by Adam Simon Posen( Book )

7 editions published in 2005 in English and held by 207 WorldCat member libraries worldwide

As a long-run competitor and collaborator with the dollar, the euro creates the potential for a bipolar international monetary system, offering unprecedented challenges and opportunities to economic policymakers. This book explores the euro's international role, its record till its fifth year, and its future
Inflation targeting : lessons from four countries by Frederic S Mishkin( Book )

12 editions published between 1997 and 1998 in English and held by 96 WorldCat member libraries worldwide

In recent years, a number of central banks have announced numerical inflation targets as the basis for their monetary strategies. After outlining the reasons why such strategies might be adopted in the pursuit of price stability, this study examines the adoption, operational design, and experience of inflation targeting as a framework for monetary policy in the first three countries to undertake such strategies New Zealand, Canada, and the United Kingdom. It also analyzes the operation of the long-standing German monetary targeting regime, which incorporated many of the same features as later inflation-targeting regimes. The key challenge for all these monetary" frameworks has been the appropriate balancing of transparency and flexibility in policymaking. The study finds that all of the targeting countries examined have maintained low rates of inflation and increased the transparency of monetary policymaking without harming the real economy through policy rigidity in the face of economic developments. A convergence of design choices on the part of targeting countries with regard to operational questions emerges from this comparative study, suggesting some lines of best practice for inflation-targeting frameworks
Central bank independence and disinflationary credibility : a missing link? by Adam Posen( Book )

7 editions published between 1000 and 1995 in English and held by 73 WorldCat member libraries worldwide

Granting central banks independence from short-term political control is widely assumed to decrease inflation by increasing the credibility of commitments to price stability. This paper analyzes public- and private-sector behavior in a sample of seventeen OECD countries for evidence of variations in disinflationary credibility with monetary institutions
Do markets care who chairs the central bank? by Kenneth N Kuttner( )

11 editions published between 2007 and 2008 in English and held by 71 WorldCat member libraries worldwide

This paper assesses the effects of central bank governor appointments on financial market expectations of monetary policy. To measure these effects, we assemble a new dataset of appointment announcements from 15 countries, and conduct an event study analysis on exchange rates, bond yields, and stock prices. The analysis reveals a significant reaction of exchange rates and bond yields to unexpected appointments. The reactions are not unidirectional, and thus do not suggest new governors suffer from a generic credibility problem. Federal Reserve chairman appointments stand out in terms of their unusually pronounced effects on financial markets
Sustaining economic growth in Asia( )

3 editions published in 2018 in English and held by 62 WorldCat member libraries worldwide

"Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "secular stagnation." Leading experts discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia"--
Special issue on inflation targeting by William J McDonough( Book )

4 editions published in 1997 in English and held by 61 WorldCat member libraries worldwide

Discrete levels of beginning height of meteors in streams: Yet another stream search among 2401 photographic meteors by Allan F Cook( Book )

1 edition published in 1973 in English and held by 30 WorldCat member libraries worldwide

Inflation targeting : lessons from the international experience by Ben S Bernanke( Book )

4 editions published between 1998 and 2001 in English and held by 22 WorldCat member libraries worldwide

This text begins by explaining the unique features and advantages of inflation targeting. The authors argue that the simplicity and openness of inflation targeting make it far easier to understand the intent and effects of monetary policy. They examine the approach in nine countries. How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is a study of inflation targeting. Combining theoretical analysis with empirical studies of countries where inflation targeting has been adopted, the authors show that the strategy has clear advantages over traditional policies. They argue that the US Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so. The authors warn, however, that the success of inflation targeting depends on operational details, such as how the targets are defined and when they are announced. They also show that inflation targeting is not a panacea that can make inflation perfectly predictable or reduce it without economic costs
Has EMU had any impact on the degree of wage restraint? by Adam Posen( Book )

7 editions published in 2006 in English and held by 22 WorldCat member libraries worldwide

We find in cross-sectional investigations that wage restraint is either unchanged or increased following EMU in the vast majority of countries. This contradicts the predictions of a widely-cited family of models of labor market bargaining. In those, Germany would have been expected to display the greatest decline in wage restraint post-EMU, and we find no indication of such a decline. The time-series evidence on Italy shows a significant increase in wage restraint after eurozone entry. This pattern is consistent with the models that emphasise the gains from monetary credibility. The eurozone increase in wage restraint is matched by the increase seen in the UK and Sweden after adopting inflation targeting, another means to credibility
Beyond bipolar : a three-dimensional assessment of monetary frameworks by Kenneth N Kuttner( Book )

4 editions published in 2001 in English and held by 15 WorldCat member libraries worldwide

Does talk matter after all? Inflation targeting and central bank behavior by Kenneth N Kuttner( )

2 editions published in 1999 in English and held by 14 WorldCat member libraries worldwide

Since 1990, a number of countries have adopted inflation targeting as their declared monetary strategy. Interpretations of the significance of this movement, however, have differed widely. To some, inflation targeting mandates the single-minded, rule-like pursuit of price stability without regard for other policy objectives; to others, inflation targeting represents nothing more than the latest version of cheap talk by central banks unable to sustain monetary commitments. Advocates of inflation targeting, including the adopting central banks themselves, have expressed the view that the efforts at transparency and communication in the inflation targeting framework grant the central bank greater short-run flexibility in pursuit of its long-run inflation goal. This paper assesses whether the talk that inflation targeting central banks engage in matters to central bank behavior, and which interpretation of the strategy is consistent with that assessment. We identify five distinct interpretations of inflation targeting, consistent with various strands of the current literature, and identify those interpretations as movements between various strategies in a conventional model of time-inconsistency in monetary policy. The empirical implications of these interpretations are then compared to the response of central banks to movements in inflation of three countries that adopted inflation targets in the early 1990s: The United Kingdom, Canada, and New Zealand. For all three, the evidence shows a break in the behavior of inflation consistent with a strengthened commitment to price stability. In no case, however, is there evidence that the strategy entails a single-minded pursuit of the inflation target. For the U.K., the results are consistent with the successful implementation the optimal state-contingent rule, thereby combining flexibility and credibility; similarly, New Zealand's improved inflation performance was achieved without a discernable increase in counter-inflationary conservatism. The results for Canada are less clear, perhaps reflecting the broader fiscal and international developments affecting the Canadian economy during this period
The realities and relevance of Japan's great recession : neither Ran nor Rashomon by Adam Simon Posen( )

2 editions published in 2010 in English and held by 7 WorldCat member libraries worldwide

Why Central banks should not burst bubbles by Adam Simon Posen( )

1 edition published in 2006 in English and held by 6 WorldCat member libraries worldwide

United States needs German economic leadership by Adam Simon Posen( )

1 edition published in 2006 in English and held by 5 WorldCat member libraries worldwide

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Disciplined discretion : monetary targeting in Germany and Switzerland
Disciplined discretion : monetary targeting in Germany and SwitzerlandRestoring Japan's economic growthJapan's financial crisis and its parallels to U.S. experienceThe euro at five : ready for a global role?Inflation targeting : lessons from the international experience
Alternative Names
Adam Posen American economist

Adam Posen Amerikaans econoom

Adam Posen economista estadounidense

Adam Posen économiste américain

Adam Posen US-amerikanischer Ökonom

Posen, A. 1966-

Posen, Adam

Posen, Adam 1966-

Posen, Adam S.

Posen, Adam S. 1966-

Posen, Adam Simon

Posen, Yadang

애덤 포즌 미국의 경제학자

ポーゼン, アダム・S

English (117)

Japanese (1)