Money, Bank Credit, and Economic Cycles

Money, Bank Credit, and Economic Cycles PDF Author: Jesús Huerta de Soto
Publisher: Ludwig von Mises Institute
ISBN: 1610163885
Category : Banks and banking
Languages : en
Pages : 938

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Book Description

Money, Bank Credit, and Economic Cycles

Money, Bank Credit, and Economic Cycles PDF Author: Jesús Huerta de Soto
Publisher: Ludwig von Mises Institute
ISBN: 1610163885
Category : Banks and banking
Languages : en
Pages : 938

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Book Description


Money, Bank Credit, and Economic Cycles

Money, Bank Credit, and Economic Cycles PDF Author: Jesús Huerta de Soto
Publisher:
ISBN: 9780945466390
Category : Bank loans
Languages : en
Pages : 876

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Book Description


Money, Banking, and the Business Cycle

Money, Banking, and the Business Cycle PDF Author: Brian P. Simpson
Publisher: Springer
ISBN: 1137331496
Category : Computers
Languages : en
Pages : 284

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Book Description
Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term. Volume I bridges tough economic theory with empirical evidence.

Money, Banking, and the Business Cycle

Money, Banking, and the Business Cycle PDF Author: B. Simpson
Publisher: Palgrave Macmillan
ISBN: 9781137340771
Category : Political Science
Languages : en
Pages : 0

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Book Description
The business cycle is a complex phenomenon. On the surface, it involves a multitude of mechanisms, such as oscillations in interest rates, prices, wages, unemployment, output, and spending. But a deeper understanding requires a unifying theory to make these various parts whole. Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term. Volume II refutes Keynesian and real business cycle theories and provides policy prescriptions to virtually eliminate the cycle. Simpson offers a detailed analysis of several historical monetary systems around the world and shows the causes and effects of fiat money and fractional-reserve banking, as well as a 100-percent reserve gold standard.

Money, Banking, and Economic Activity

Money, Banking, and Economic Activity PDF Author: Gail E. Makinen
Publisher: Academic Press
ISBN: 1483268756
Category : Business & Economics
Languages : en
Pages : 576

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Book Description
Money, Banking, and Economic Activity focuses on the use of macro- and microeconomic theory in the analysis of the interrelations of money, banking, and economic activity. The book first underscores the importance and definition of money and financial intermediaries. Discussions focus on financial intermediaries and risk reduction, ability of intermediaries to decrease their own risks, effect of inflation on credit monies, and empirical definition of money. The text then examines the supply of money and the economic role of nonmoney-creating financial intermediaries, including thrift institutions and monetary policy, federal funds and repurchase agreements, monetary analysis and the place of thrift institutions, and developments altering the functions of financial intermediaries. The publication takes a look at the evolution of the international monetary system, money in an open economy, electronic fund transfers, and the Gibson paradox and the term structure of interest rates. Topics include level of interest rates, importance of theories of the term structure, market structure of financial institutions, theory of the supply of money, and foreign exchanges and the balance of payments. The manuscript is a valuable source of data for researchers interested in the interrelations of money, banking, and economic activity.

Banking and the Business Cycle

Banking and the Business Cycle PDF Author: Chester Arthur Philips
Publisher: Ludwig von Mises Institute
ISBN: 1610162684
Category :
Languages : en
Pages : 291

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Book Description


Money, Banking, and the Economy

Money, Banking, and the Economy PDF Author: John A. Cochran
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 680

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Book Description


Money, Banking, and the United States Economy

Money, Banking, and the United States Economy PDF Author: Harry D. Hutchinson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 584

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Book Description


Monetary Policy, Inflation, and the Business Cycle

Monetary Policy, Inflation, and the Business Cycle PDF Author: Jordi Galí
Publisher: Princeton University Press
ISBN: 1400866278
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
The classic introduction to the New Keynesian economic model This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability–oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Galí explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects on monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes the zero lower bound on nominal interest rates and an analysis of unemployment’s significance for monetary policy. The most up-to-date introduction to the New Keynesian framework available A single benchmark model used throughout New materials and exercises included An ideal resource for graduate students, researchers, and market analysts

Money, Banking, and the Economy

Money, Banking, and the Economy PDF Author: Barry N. Siegel
Publisher: Academic Press
ISBN: 1483277534
Category : Business & Economics
Languages : en
Pages : 558

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Book Description
Money, Banking, and the Economy: A Monetarist View presents a systematic "monetarist" approach to money, banking, and the economy. The monetarist approach is a blend of the pre-Keynesian quantity theory, the tradition represented by D. H. Robertson, and the modern monetarist school, represented by Milton Friedman and his followers. A systematic development of a model of nominal income, based upon the Cambridge equation and the loanable funds theory of interest, is presented. This model is applied to the business cycle; inflation and stagflation; balance of payments and foreign exchange rates; and monetary and fiscal policy theories. Comprised of 20 chapters, this book begins with an introduction to the concept of money and its functions and how it contributes to economic instability. The discussion then turns to the new and old definitions of the things that serve as money, the structure and institutions of financial markets and financial instruments; banks, banking markets, and banking regulations; and the money supply process. Subsequent chapters explore the structure and functions of the Federal Reserve System; the problem of implementing monetary policy; the Clower-Leijonhufvud idea of Say's Principle; the quantity theory of money as described by the equation of exchange or the Cambridge equation; and the connection between money and business cycles. The book concludes by describing a monetarist-public choice perspective on the efficacy of monetary and fiscal policies. This monograph will be of value to undergraduate students and economists.