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Author: Meghnad Desai
Publisher: Bloomsbury Publishing
ISBN: 147250836X
Category : Business & Economics
Languages : en
Pages : 259
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Book Description
Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.
Author: Meghnad Desai
Publisher: Bloomsbury Publishing
ISBN: 147250836X
Category : Business & Economics
Languages : en
Pages : 259
Get Book Here
Book Description
Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.
Author: Meghnad Desai
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages :
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Book Description
Author: Milton Friedman
Publisher: Wiley-Blackwell
ISBN: 9780631171119
Category : Business & Economics
Languages : en
Pages : 188
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Book Description
Author: George Macesich
Publisher: Greenwood
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
Author: Howard R. Vane
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Author: Veselin Bozhikov
Publisher: SPHERE Association
ISBN: 954980352X
Category :
Languages : en
Pages : 34
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Book Description
This book has revealed the secret of monetarism (Monetary Matrices). You will find regularities of the monetarist fraud and replacement of reality. It is clarified that crises are the mechanism for abrupt withdrawal of real resources from the subordinates. Here for the first time presented in its entirety the fraud of Global Monetarism.
Author: Scott Sumner
Publisher: University of Chicago Press
ISBN: 0226826562
Category : Business & Economics
Languages : en
Pages : 415
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Book Description
The first book-length work on market monetarism, written by its leading scholar. Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century. Foregoing the usual relitigating of problems such as housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. The Money Illusion is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays the groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.
Author: Charles P. Kindleberger
Publisher: Taylor & Francis
ISBN: 9780415382120
Category : Chicago school of economics
Languages : en
Pages : 348
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Book Description
First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.
Author: B. Griffiths
Publisher: Springer
ISBN: 1349062847
Category : Business & Economics
Languages : en
Pages : 302
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Book Description
Author: Peter A. Johnson
Publisher: Cornell University Press
ISBN: 1501744534
Category : Political Science
Languages : en
Pages : 259
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Book Description
In recent years governments have increasingly given their central banks the freedom to pursue policies of price stability. In particular, the German Bundesbank and the U.S. Federal Reserve have been widely considered models of autonomous policymaking. This book traces the origins of their success to the political struggle to adopt monetarism in Germany and the United States. The Government of Money contends that the political involvement of monetarist economists was central to this endeavor. The book examines the initiatives undertaken by monetarists from 1970 to 1985 and the policies that resulted once their ideas were enacted. Taking a historical approach to major issues of political economy, Peter A. Johnson describes both the political efforts of the monetarist economists to convert central banks to their preferred policies and the resistance offered by traditionalist central bankers, politicians, and financial and labor interests. Johnson concludes that monetarist ideas succeeded in part because their supporters convincingly claimed that price stability would promote political stability. He thereby challenges important assumptions about politics and policymaking in both countries and reveals the often hidden influence of monetary policy on the health of capitalist democracies.
