Contemporary issues in money and banking : essays in honour of Stephen Frowen

書誌事項

Contemporary issues in money and banking : essays in honour of Stephen Frowen

edited by Philip Arestis ; foreword by G.L.S. Shackle

Macmillan, 1988

大学図書館所蔵 件 / 38

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注記

Includes bibliography and index

内容説明・目次

内容説明

The turbulent 1970s and 80s have seen important developments in the area of money and banking. Most of these are discussed here while four issues are treated at some greater length. These are financial innovations; the EMS and international monetary systems; certain issues in montary policy arising from recent developments in monetary economics, such as monetary policy in an interdependent world and liquidity constraints and monetary policy; and monetary problems of developing countries. The unifying theme of the book, however, is its concern with financial innovations, which receive special atention. Philip Arestis is author of "Introducing Macroeconomics Modelling - An Econometric Study of the UK ".

目次

  • Elasticities of surprise in the concept of policy, G.L.S. Shackle
  • innovation and new structural frontiers in banking, E.P.M. Gardener
  • sources of finance, recent changes in bank behaviour and the theory of investment and interest, V.Chick
  • bank insolvency and deposit insurance- a proposal, C.A.E.Goodhart
  • the impact of innovations and globalization of financial markets on monetary policy- the German case, N.Kloten
  • economic policy in a framework of international economic relations, C.Koher
  • flexible exchange rates - the failure of a cure, G.Zis
  • the EMS in the face of new challenges, M.J.Artis
  • the transmission of monetary policy in interdependent economies- an empirical investigation of the US and Europe, E.Karakitsos
  • the effectiveness of monetary policy in the presence of liquidity constraints, G.Hadjimatheou
  • money, debt and developing country borrowing, M.Borchert
  • the demand for money in small developing economies - an appliction of the error correction mechanism, F.Arestis.

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