Monetary Theory as a Basis for Monetary Policy

Inbunden, Engelska, 2001

Del i serien International Economic Association Series

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Beskrivning

Since the inflationary 1970s, theoretical work on monetary policy has concentrated almost exclusively on price-level stabilization and the avoidance of nominal shocks. In the aftermath of the collapse of financial bubbles in various parts of the world, the accomplishments and limitations of this dominant approach are debated in this volume edited by Axel Leijonhufvud, with contributions by a number of noted monetary economists, including Nobel Laureate Robert Lucas.

Produktinformation

Utgivningsdatum:2001-08-08
Mått:140 x 216 x 23 mm
Vikt:559 g
Format:Inbunden
Språk:Engelska
Serie:International Economic Association Series
Antal sidor:271
Upplaga:2001
Förlag:Palgrave Macmillan
ISBN:9780333748923

Utforska kategorier

Makroekonomi inom Ekonomi och Ledarskap

Mer om författaren

AXEL LEIJONHUFVUD is Professor Emeritus of the University of California at Los Angeles and is Professor of Monetary Economics at the University of Trento, Italy. His books include On Keynesian Economics and the Economics of Keynes, Information and Coordination, (with Daniel Heymann) High Inflation and Macroeconomic Instability and Coordination: Selected Essays.

Innehållsförteckning

The International Economic Association Acknowledgements Notes on the Contributors List of Abbreviations and Acronyms Introduction; A.Leijonhufvud Monetary Theory and Central Banking; A.Leijonhufvud Comment; J.Mélitz PART I: INTERTEMPORAL EQUILIBRIUM Intertemporal General Equilibrium Theory and Monetary Policy; J.Drèze & H.Polemarchakis Comment; J.M.Grandmont Comment; J.Urrutia The Fiscalist Approach to Monetary Theory; R.Marimon Comment; S.Honkapohja Inflation and Welfare; R.Lucas Comment; D.Laidler Comment; H.W.Sinn PART II: MONETARY AND FINANCIAL INSTABILITY Business Cycles in a Financially Deregulated America; A.Wojnilower Comment; L.Jonung Learning About Trends: Spending and Credit Fluctuations in Open Economies; D.Heymann, M.Kaufman & P.Sanguinetti Comment; P.L.Sacco Comment; J.L.Gaffard Monetary Policy and the Macroeconomics of 'Soft' Growth; J.P.Fitoussi Comment; E.Streissler Index of Names Subject Index