Author: David E. W. Laidler
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 136
Book Description
Three Lectures on Monetary Theory and Policy
Author: David E. W. Laidler
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 136
Book Description
Three lectures in monetary theory
Author: Frank Hahn
Publisher:
ISBN:
Category :
Languages : en
Pages : 123
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 123
Book Description
Three Lectures on Monetary Theory
Author: Frank Hahn
Publisher:
ISBN:
Category : Chicago school of economics
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category : Chicago school of economics
Languages : en
Pages : 136
Book Description
Three lectures on monetary theory
Author: Frank H. Hahn
Publisher:
ISBN:
Category :
Languages : es
Pages : 126
Book Description
Publisher:
ISBN:
Category :
Languages : es
Pages : 126
Book Description
Three lectures on monetary theory :lectures and debates of a seminar held at the University of Naples
Author: Frank Horace Hahn
Publisher:
ISBN:
Category :
Languages : it
Pages : 126
Book Description
Publisher:
ISBN:
Category :
Languages : it
Pages : 126
Book Description
Three lectures on monetary theory. Lectures and debates of a Seminar held at the University of Naples in april 1981
Author: Frank H. Hahn
Publisher:
ISBN: 9788820453510
Category : Business & Economics
Languages : it
Pages : 116
Book Description
Publisher:
ISBN: 9788820453510
Category : Business & Economics
Languages : it
Pages : 116
Book Description
Monetary Theory and Policy from Hume and Smith to Wicksell
Author: Arie Arnon
Publisher: Cambridge University Press
ISBN: 113949208X
Category : Business & Economics
Languages : en
Pages : 449
Book Description
This book provides a comprehensive survey of the major developments in monetary theory and policy from David Hume and Adam Smith to Walter Bagehot and Knut Wicksell. In particular, it seeks to explain why it took so long for a theory of central banking to penetrate mainstream thought. The book investigates how major monetary theorists understood the roles of the invisible and visible hands in money, credit and banking; what they thought about rules and discretion and the role played by commodity-money in their conceptualizations; whether or not they distinguished between the two different roles carried out via the financial system - making payments efficiently within the exchange process and facilitating intermediation in the capital market; how they perceived the influence of the monetary system on macroeconomic aggregates such as the price level, output and accumulation of wealth; and finally, what they thought about monetary policy.
Publisher: Cambridge University Press
ISBN: 113949208X
Category : Business & Economics
Languages : en
Pages : 449
Book Description
This book provides a comprehensive survey of the major developments in monetary theory and policy from David Hume and Adam Smith to Walter Bagehot and Knut Wicksell. In particular, it seeks to explain why it took so long for a theory of central banking to penetrate mainstream thought. The book investigates how major monetary theorists understood the roles of the invisible and visible hands in money, credit and banking; what they thought about rules and discretion and the role played by commodity-money in their conceptualizations; whether or not they distinguished between the two different roles carried out via the financial system - making payments efficiently within the exchange process and facilitating intermediation in the capital market; how they perceived the influence of the monetary system on macroeconomic aggregates such as the price level, output and accumulation of wealth; and finally, what they thought about monetary policy.
Monetary Theory and Policy
Author: Carl E. Walsh
Publisher: MIT Press
ISBN: 9780262232319
Category : Business & Economics
Languages : en
Pages : 636
Book Description
An overview of recent theoretical and policy-related developments in monetary economics.
Publisher: MIT Press
ISBN: 9780262232319
Category : Business & Economics
Languages : en
Pages : 636
Book Description
An overview of recent theoretical and policy-related developments in monetary economics.
The Monetary Theory of Production
Author: Augusto Graziani
Publisher: Cambridge University Press
ISBN: 113943800X
Category : Business & Economics
Languages : en
Pages : 190
Book Description
In mainstream economic theory money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth. In neither case is it considered fundamental to the production of goods or the distribution of income. Augusto Graziani challenges traditional theories of monetary production, arguing that a modern economy based on credit cannot be understood without a focus on the administration of credit flows. He argues that market asset configuration depends not upon consumer preferences and available technologies but on how money and credit are managed. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument that will stimulate debate on the topic.
Publisher: Cambridge University Press
ISBN: 113943800X
Category : Business & Economics
Languages : en
Pages : 190
Book Description
In mainstream economic theory money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth. In neither case is it considered fundamental to the production of goods or the distribution of income. Augusto Graziani challenges traditional theories of monetary production, arguing that a modern economy based on credit cannot be understood without a focus on the administration of credit flows. He argues that market asset configuration depends not upon consumer preferences and available technologies but on how money and credit are managed. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument that will stimulate debate on the topic.
Monetary Theory and Policy, third edition
Author: Carl E. Walsh
Publisher: MIT Press
ISBN: 0262303736
Category : Business & Economics
Languages : en
Pages : 639
Book Description
A new edition of the leading text in monetary economics, a comprehensive treatment revised and enhanced with new material reflecting recent advances in the field. This text 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. It 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. Among the topics presented are money-in-the-utility function, cash-in-advance, and search models of money; informational, portfolio, and nominal rigidities; credit frictions; the open economy; and issues of monetary policy, including discretion and commitment, policy analysis in new Keynesian models, and monetary operating procedures. The use of models based on dynamic optimization and nominal rigidities in consistent general equilibrium frameworks, relatively new when introduced to students in the first edition of this popular text, has since become the method of choice of monetary policy analysis. This third edition reflects the latest advances in the field, incorporating new or expanded material on such topics as monetary search equilibria, sticky information, adaptive learning, state-contingent pricing models, and channel systems for implementing monetary policy. Much of the material on policy analysis has been reorganized to reflect the dominance of the new Keynesian approach. Monetary Theory and Policy continues to be the only 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.
Publisher: MIT Press
ISBN: 0262303736
Category : Business & Economics
Languages : en
Pages : 639
Book Description
A new edition of the leading text in monetary economics, a comprehensive treatment revised and enhanced with new material reflecting recent advances in the field. This text 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. It 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. Among the topics presented are money-in-the-utility function, cash-in-advance, and search models of money; informational, portfolio, and nominal rigidities; credit frictions; the open economy; and issues of monetary policy, including discretion and commitment, policy analysis in new Keynesian models, and monetary operating procedures. The use of models based on dynamic optimization and nominal rigidities in consistent general equilibrium frameworks, relatively new when introduced to students in the first edition of this popular text, has since become the method of choice of monetary policy analysis. This third edition reflects the latest advances in the field, incorporating new or expanded material on such topics as monetary search equilibria, sticky information, adaptive learning, state-contingent pricing models, and channel systems for implementing monetary policy. Much of the material on policy analysis has been reorganized to reflect the dominance of the new Keynesian approach. Monetary Theory and Policy continues to be the only 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.