ABSTRACT

This successful text, now in its second edition, offers the most comprehensive overview of monetary economics and monetary policy currently available. It covers the microeconomic, macroeconomic and monetary policy components of the field. Major features of the new edition include:Stylised facts on money demand and supply, and the relationships betw

part |2 pages

Part I: Introduction and heritage

chapter 1|31 pages

Introduction

chapter 2|43 pages

The heritage of monetary economics

part |2 pages

Part II: Money in the economy

part |2 pages

Part III: The demand for money

part |2 pages

Part V: Monetary policy and the macroeconomy

chapter 13|42 pages

The determination of aggregate demand

chapter 14|59 pages

The classical paradigm in macroeconomics

chapter 15|53 pages

The Keynesian paradigm

chapter 16|36 pages

Money, bonds and credit in macro modeling

part |2 pages

Part VI: The rates of interest in the economy

chapter 20|25 pages

The structure of interest rates

part |2 pages

Part VII: Overlapping generations models of money

part |2 pages

Money and financial institutions in growth theory

chapter 24|32 pages

Monetary growth theory