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Monetary economics : theories, evidence, and policy / David G. Pierce, Peter J. Tysome

Publisher London ; Boston : Butterworths
Year 1985
Edition 2nd ed.
Authors *Pierce, David G
Tysome, Peter J

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OB00177744 ScienceDirect (電子ブック) 9780408709538

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Material Type E-Book
Media type 機械可読データファイル
Size 1 online resource (viii, 300 pages) : illustrations
Notes Includes bibliographical references (pages 286-292) and index
Use copy Restrictions unspecified star MiAaHDL
Electronic reproduction [Place of publication not identified] HathiTrust Digital Library 2010 MiAaHDL
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Monetary Economics: Theories, Evidence and Policy, Second Edition provides basic introduction to various aspects of monetary economics
Front Cover; Dedication; Monetary Economics: Theories, Evidence and Policy; Copyright Page; Preface; Table of Contents; Chapter 1. The functions, advantages and defínitions of money; The functions of money; The advantages of having money: the monetary economy; What is money? Some theoretical and empirical defínitions; United Kingdom defínitions of monetary aggregates; Chapter 2. Monetary transmission mechanisms and the channels of monetary influence; The portfolio balance transmission mechanism; The wealth transmission mechanism; The credit availability transmission mechanism
The expectations transmission mechanismThe open economy; Summary and conclusion; Chapter 3. The demand for money; The classical approach; The Keynesian analysis; Post-Keynesian developments; The monetarist approach; The empirical evidence; Chapter 4. Financial intermediaries and the supply of money; The nature and functions of fínancial intermediaries; The supply of money; Non-bank fínancial intermediaries; Notes; Chapter 5. The classical system and the neutrality of money; The classical system; The neutrality conditions; Notes; Chapter 6. The Keynesian system; Keynesian economics
The Keynesian model in the open economyThe re-interpretation of Keynes; Notes; Chapter 7. Monetarism; The quantity theory; The transmission mechanism; The inherent stability of the private sector and the unimportance of sectoral detail; The role of macroeconomic policy; Monetarists, físcal policy and crowding-out; Note; Chapter 8. A review of the empirical evidence relating to the role of money and the effectiveness of monetary policy; Time lags; Keynes versus the quantity theory in predicting macrovariables; Monetary policy versus fiscal policy; A question of causality; Chapter 9. Inflation
Market theories of inflationNon-market theories of inflation; Inflation in an international context; Note; Chapter 10. The balance of payments and the foreign exchange rate; Monetary and other approaches to the balance of payments; Foreign exchange rate determination; Chapter 11. Monetary policy: targets, indicators, rules and discretion; The choice of targets and indicators; Indicators; Rules versus discretion; Chapter 12. Techniques of monetary control; Direct controls over deposits; Direct controls over supply-side counterparts; Market controls over deposits
Market controls over supply-side counterpartsControlling the PSBR; Notes; Chapter 13. Monetary policy in the UK since the Second World War; The 1960s; Competition and credit control; December 197-9; The early 1980s; Appendix: summary of the new monetary control arrangements introduced in 1981; References; Index
Elsevier ScienceDirect All Books
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Subjects LCSH:Money
LCSH:Monetary policy
LCSH:Balance of payments
FREE:BUSINESS & ECONOMICS -- Finance  All Subject Search
FREE:Balance of payments
FREE:Monetary policy
FREE:Money
FREE:Monnaie
FREE:Politique monétaire
FREE:Balance des paiements
FREE:Monetary systems
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Classification LCC:HG221
DC19:332.4
ID 8000079850
ISBN 9780408709538

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