Handbook of Monetary Economics

Author:   B. M. Friedman ,  F. H. Hahn
Publisher:   Elsevier Science & Technology
Volume:   2
ISBN:  

9781493302680


Pages:   620
Publication Date:   26 February 1999
Format:   Paperback
Availability:   Available To Order   Availability explained
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Handbook of Monetary Economics


Overview

Due to the fundamental two-way interaction between the theoretical and the empirical aspects of monetary economics, together with the relationship of both to matters of public policy, any organization of material comprehensively spanning the subject is bound to be arbitrary. The 23 surveys commissioned for this Handbook have been arranged in a way that the editors feel reflects some of the most important logical divisions within the field and together they present a comprehensive account of the current state of the art. The Handbook is an indispensable reference work which should be part of every professional collection, and which makes ideal supplementary reading for graduate economics students on advanced courses.For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Full Product Details

Author:   B. M. Friedman ,  F. H. Hahn
Publisher:   Elsevier Science & Technology
Imprint:   North-Holland
Volume:   2
ISBN:  

9781493302680


ISBN 10:   149330268
Pages:   620
Publication Date:   26 February 1999
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

Table of Contents

Money, Other Assets, and Economic Activity. Consumption and investment (A.B. Abel). Why does money affect output? A survey (O.J. Blanchard). Credit rationing (D. Jaffee, J. Stiglitz). The macroeconomics of government finance (M. Haliassos, J. Tobin). Money, Inflation and Welfare. Inflation: Theory and evidence (B.T. McCallum). Costs of inflation (J. Driffill, G.E. Mizon, A.M. Ulph). The optimum quantity of money (M. Woodford). Monetary Policy. Rules versus discretion in monetary policy (S. Fischer). Targets and instruments of monetary policy (B.M. Friedman). Monetary policy in the open economy (R. Dornbusch, A. Giovannini).

Reviews

In the emerging tradition of the Handbooks in Economics, these two volumes offer a formidable array of contributions to the field which they survey..........an indispensable starting-point for graduate students and research workers who need a detailed guide to the state of monetary economics in the late 1980s. The Economic Journal....the two volumes would be regarded as invaluable additions to the literature. Economic of Planning...in many ways the most important publication to date in this branch of our subject.......On some topics it is easily the best writing available, combining a careful exposition of central ideas, with firm and persuasive judgements about what is correct and important. Journal of Economic SurveysEven at the hardcover price, the two volumes we now have represent very good value for money. The Economic Record


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