Author: M C Vaish
Publisher: Vikas Publishing House
ISBN: 8125918450
Category :
Languages : en
Pages : 677
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Book Description
Monetary Theory Is A Comprehensive Textbook That Meets The Needs Of Students At The Honours And Post-Graduate Level. The Sixteenth Edition Has Been Thoroughly Revised And Updated. The Book Is Divided Into Five Parts Viz Money And Prices; Trade Cycle And S
Author: M C Vaish
Publisher: Vikas Publishing House
ISBN: 9788125918455
Category :
Languages : en
Pages : 684
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Book Description
Monetary Theory Is A Comprehensive Textbook That Meets The Needs Of Students At The Honours And Post-Graduate Level. The Sixteenth Edition Has Been Thoroughly Revised And Updated. The Book Is Divided Into Five Parts Viz Money And Prices; Trade Cycle And S
Author: Carl E. Walsh
Publisher: MIT Press
ISBN: 0262035812
Category : Business & Economics
Languages : en
Pages : 668
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Book Description
The new edition of a comprehensive treatment of monetary economics, including the first extensive coverage of the effective lower bound on nominal interest rates. This textbook presents a comprehensive treatment of the most important topics in monetary economics, focusing on the primary models monetary economists have employed to address topics in theory and policy. Striking a balance of insight, accessibility, and rigor, the book covers the basic theoretical approaches, shows how to do simulation work with the models, and discusses the full range of frictions that economists have studied to understand the impacts of monetary policy. For the fourth edition, every chapter has been revised to improve the exposition and to reflect recent research. The new edition offers an entirely new chapter on the effective lower bound on nominal interest rates, forward guidance policies, and quantitative and credit easing policies. Material on the basic new Keynesian model has been reorganized into a single chapter to provide a comprehensive analysis of the model and its policy implications. In addition, the chapter on the open economy now reflects the dominance of the new Keynesian approach. Other new material includes discussions of price adjustment, labor market frictions and unemployment, and moral hazard frictions among financial intermediaries. References and end-of-chapter problems allow readers to extend their knowledge of the topics covered. Monetary Theory and Policy continues to be the most comprehensive and up-to-date treatment of monetary economics, not only the leading text in the field but also the standard reference for academics and central bank researchers.
Author: Antoin E. Murphy
Publisher: Taylor & Francis
ISBN: 9780415140201
Category : Business & Economics
Languages : en
Pages : 368
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Book Description
This six-volume set contains the writings of the earliest pioneers of monetary theory. It contains some 28 texts, beginning with Gerard de Maynes' "A Treatise of the Canker of England's Common Wealth" (1601) and ending with Joseph Harris' "An Essay on Money and Coins" (1757/58).
Author: M.L. Burstein
Publisher: Springer
ISBN: 134918070X
Category : Business & Economics
Languages : en
Pages : 223
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Book Description
Innovations in financial markets and in financial management, together with dramatic innovations in the substance and technique of monetary theory, have made it necessary to restate the theory of money and the theory of monetary policy. In order to provide a new monetary theory, the author treats fully the following material: choice of currency and the theory of convertibility; interest on money; speculation and rational expectations; implications of electronic-transfer settlement procedures for monetary theory, as well as other matters. The theories of Tobin are developed and exposited in detail, as is the work of Friedman.
Author: Alan A. Rabin
Publisher: Edward Elgar Publishing
ISBN: 1843769794
Category : Business & Economics
Languages : en
Pages : 322
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Book Description
This is a valuable and scholarly contribution to modern monetary theory. It keeps alive the ideas of monetary disequilibrium proposed by such writers as Clower, Leijonhufvud, Yeager and Laidler. While so much of monetary theory has focused on aggregate issues of how national income and the rate of inflation are determined, making use of large scale general equilibrium models, this work aims at the more fundamental question of how monetary factors facilitate the realization of gains from trade at the micro level, how they affect adjustment processes that work in individual markets, and how the interaction between these individual adjustment processes determines the performance of the overall economic system. The book is definitely worth the attention of any serious student of money. Peter Howitt, Brown University, US Alan Rabin argues that new Keynesian and new classical macroeconomics, which have dominated the literature and textbooks, have crowded the monetary-disequilibrium hypothesis, or orthodox monetarism, off the intellectual stage. Trying to remedy this imbalance, the author concentrates on what he judges to be the essentials of monetary theory. Emphasizing money s fundamental role in lubricating exchanges and promoting economic coordination, Alan Rabin argues that when the lubricant goes awry, so do the processes being lubricated. Monetary disequilibrium can have repercussions that last months and even years. The book presents the author s interpretation of Yeager s enormous contributions to monetary theory, especially his development of monetary-disequilibrium theory, while also building on the contributions of Patinkin, Clower, Leijonhufvud, Barro and Grossman, and Laidler. A unique hybrid of treatise and graduate text, Monetary Theory fills a tremendous void in the current literature and will be of interest to scholars and students of monetary theory and economic thought.
Author: Heiner Ganßmann
Publisher: Routledge
ISBN: 1136820132
Category : Business & Economics
Languages : en
Pages : 291
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Book Description
Everybody uses money every day, but we rarely stop to think about how money works. In this book, scholars from different disciplines seek to answer that question; from historians to economists, sociologists, a philosopher and a physicist. Money works as a social construction because we have mutual expectations that support its use – despite the seeming irrationality of trading valuable things or doing strenuous work for pieces of paper or numbers in accounts. Recently, there has been a revival of interest in monetary theory, not least because the impacts of globalizing markets and of new communication and information technologies have changed the forms of money. The deep crisis of the financial system has demonstrated the importance of a functioning monetary system and although renewed interest in this has led to significant contributions in various fields, it remains true that no social science discipline on its own is sufficiently equipped to explain the basic workings of monetary systems, their rapid innovation and their effects on social, economic and political structures. The contributors to this book report on their latest research on the origins of money, on the nature of monetary transactions, on money and the state, and on the role of money and finance in the recent global crisis. They show how established theories of money and the policies guided by these theories went wrong. This collection will be a valuable resource for students and researchers seeking a deeper understanding of money.
Author: M. C. Vaish
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 697
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Book Description
Author: Kenneth K. Kurihara
Publisher: Routledge
ISBN: 1136517294
Category : Business & Economics
Languages : en
Pages : 410
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Book Description
Providing an extensive examination of monetary theory and its implications for public policy, Monetary Theory and Public Policy is as relevant for an understanding of current economic problems as when it was first published. Looking at the concepts of modern economic theory, particularly as these concepts apply to problems of money and banking, both Keynesian and Post-Keynesian developments are discussed.
Author: Lester Vernon Chandler
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 171
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Book Description
