貨幣経済学：政策と理論（第２版） Monetary Economics : Policy and Its Theoretical Basis （2ND）

Bain, Keith/ Howells, Peter

Palgrave Macmillan（2009/05発売）

• 製本 Paperback:紙装版/ペーパーバック版／ページ数 487 p.
• 言語 ENG
• 商品コード 9780230205956
• DDC分類 332.46

基本説明

Provides students with a comprehensive and practical grounding of monetary economics.

Full Description

This fully revised second edition of Bain and Howells' Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates. The second edition: features a realistic account of the conduct of monetary policy when the money supply is endogenous provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisisMonetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy.

Contents

The Meaning of Money.- The Money Supply Process.- The Demand for Money.- Money Supply and Control.- Monetary Policy and Aggregate Demand.- Aggregate Demand, Prices and Output.- International Issues in Policy-Making.- Issues in the Design of Monetary Policy.- The Monetary Authorities and Financial Markets.- The Evolution of Monetary Policy in the UK.- Monetary Policy in the European Union.- Monetary Policy in the USA.