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Record Nr. |
UNINA9910877664303321 |
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Autore |
Eden Benjamin |
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Titolo |
A Course in Monetary Economics [[electronic resource] ] : Sequential Trade, Money, and Uncertainity |
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Pubbl/distr/stampa |
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Chichester, : John Wiley & Sons, Ltd., 2007 |
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ISBN |
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1-281-32252-0 |
9786611322526 |
0-470-70164-1 |
0-470-75348-X |
0-470-75200-9 |
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Descrizione fisica |
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1 online resource (424 p.) |
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Disciplina |
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Soggetti |
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Money |
Business |
Money - Mathematical models |
Uncertainty - Mathematical models |
Finance |
Business & Economics |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di contenuto |
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A COURSE IN MONETARY ECONOMICS; Contents; Preface; Part I: Introduction to Monetary Economics; 1 Overview; 2 Money in the Utility Function; 3 TheWelfare Cost of Infiation in a Growing Economy; 4 Government; 5 More Explicit Models of Money; 6 Optimal Fiscal and Monetary Policy; 7 Money and the Business Cycle: Does Money Matter?; 8 Sticky Prices in a Demand-satisfying Model; 9 Sticky Prices with Optimal Quantity Choices; 10 Flexible Prices; Part II: An Introduction to the Economics of Uncertainty; 11 Preliminaries; 12 Does Insurance Require Risk Aversion? |
13 Asset Prices and the Lucas "Tree Model"Part III: An Introduction to Uncertain and Sequential Trade (UST); 14 Real Models; 15 A Monetary Model; 16 Limited Participation, Sticky Prices, and UST: A Comparison; 17 Inventories and the Business Cycle; 18 Money and Credit in the Business Cycle; 19 Evidence from Micro Data; 20 The Friedman Rule in |
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a UST Model; 21 Sequential International Trade; 22 Endogenous Information and Externalities; 23 Search and Contracts; Re |
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Sommario/riassunto |
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A Course in Monetary Economics is an insightful introduction to advanced topics in monetary economics. Accessible to students who have mastered the diagrammatic tools of economics, it discusses real issues with a variety of modeling alternatives, allowing for a direct comparison of the implications of the different models. The exposition is clear and logical, providing a solid foundation in monetary theory and the techniques of economic modeling. The inventive analysis explores an extensive range of topics including the optimum quantity of money, optimal monetary and fiscal policy, and uncerta |
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