Modern monetary theory : a critical survey of recent developments
著者
書誌事項
Modern monetary theory : a critical survey of recent developments
E. Elgar, c1991
- : pbk.
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注記
Bibliography: p. 161-193
Includes index
内容説明・目次
- 巻冊次
-
ISBN 9781852780920
内容説明
In the aftermath of the debates between Keynesians and monetarists, this book provides a lucid, concise overview of the most recent developments in monetary theory. Professor Visser has written an up-to-date survey which discusses major issues such as crowding out, the new classical macroeconomics, the breakdown of the stable money demand function, buffer stocks and currency substitution.Currency problems in general have come to the fore after the collapse of the Bretton-Woods system. The book addresses topical issues including Hayek's proposal to denationalize money as well as theoretical issues, such as the search for the microfoundations of monetary theory. This is an important, up-to-date survey of recent developments in monetary theory, and the economic reasoning which underlies it. The use of mathematics has been kept to a minimum.
目次
- An extremely succinct history of the subject
- crowding out and the government budget
- rational expectations and new classical macroeconomics
- microfoundations of money and finance
- the monetary order
- the demand for money
- exchange rate theories I
- exchange rate theories II
- conclusion.
- 巻冊次
-
: pbk. ISBN 9781852788476
内容説明
In the aftermath of the debates between Keynesians and monetarists, this book provides a lucid, concise overview of the most recent developments in monetary theory. Professor Visser has written an up-to-date survey which discusses major issues such as crowding out, the new classical macroeconomics, the breakdown of the stable money demand function, buffer stocks and currency substitution.Currency problems in general have come to the fore after the collapse of the Bretton-Woods system. The book addresses topical issues including Hayek's proposal to denationalize money as well as theoretical issues, such as the search for the microfoundations of monetary theory. This is an important, up-to-date survey of recent developments in monetary theory, and the economic reasoning which underlies it. The use of mathematics has been kept to a minimum.
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