Monetary Theory and Policy 4e

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  • Engels
  • Hardcover
  • 9780262035811
  • 12 mei 2017
  • 688 pagina's
Alle productspecificaties

Samenvatting

The new edition of a comprehensive treatment of monetary economics, including the first extensive coverage of the effective lower bound on nominal interest rates. This textbook 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. Striking a balance of insight, accessibility, and rigor, the book 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. For the fourth edition, every chapter has been revised to improve the exposition and to reflect recent research. The new edition offers an entirely new chapter on the effective lower bound on nominal interest rates, forward guidance policies, and quantitative and credit easing policies. Material on the basic new Keynesian model has been reorganized into a single chapter to provide a comprehensive analysis of the model and its policy implications. In addition, the chapter on the open economy now reflects the dominance of the new Keynesian approach. Other new material includes discussions of price adjustment, labor market frictions and unemployment, and moral hazard frictions among financial intermediaries. References and end-of-chapter problems allow readers to extend their knowledge of the topics covered. Monetary Theory and Policy continues to be the most 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.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
12 mei 2017
Aantal pagina's
688
Illustraties
Nee

Betrokkenen

Hoofdauteur
Carl E. Walsh
Hoofduitgeverij
Mit Press

Overige kenmerken

Editie
4
Extra groot lettertype
Nee
Product breedte
178 mm
Product hoogte
15 mm
Product lengte
229 mm
Studieboek
Ja
Verpakking breedte
184 mm
Verpakking hoogte
32 mm
Verpakking lengte
243 mm
Verpakkingsgewicht
1108 g

EAN

EAN
9780262035811

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