Handbook of Monetary Economics - 1st Edition - ISBN: 9780444880260, 9780080933863

Handbook of Monetary Economics, Volume 2

1st Edition

Editors: B.M. Friedman F.H. Hahn
eBook ISBN: 9780080933863
Hardcover ISBN: 9780444880260
Imprint: North Holland
Published Date: 13th November 1990
Page Count: 620
Sales tax will be calculated at check-out Price includes VAT/GST

Institutional Subscription

Secure Checkout

Personal information is secured with SSL technology.

Free Shipping

Free global shipping
No minimum order.

Table of Contents

Money, Other Assets, and Economic Activity. Consumption and investment (A.B. Abel). Why does money affect output? A survey (O.J. Blanchard). Credit rationing (D. Jaffee, J. Stiglitz). The macroeconomics of government finance (M. Haliassos, J. Tobin). Money, Inflation and Welfare. Inflation: Theory and evidence (B.T. McCallum). Costs of inflation (J. Driffill, G.E. Mizon, A.M. Ulph). The optimum quantity of money (M. Woodford). Monetary Policy. Rules versus discretion in monetary policy (S. Fischer). Targets and instruments of monetary policy (B.M. Friedman). Monetary policy in the open economy (R. Dornbusch, A. Giovannini).


Due to the fundamental two-way interaction between the theoretical and the empirical aspects of monetary economics, together with the relationship of both to matters of public policy, any organization of material comprehensively spanning the subject is bound to be arbitrary. The 23 surveys commissioned for this Handbook have been arranged in a way that the editors feel reflects some of the most important logical divisions within the field and together they present a comprehensive account of the current state of the art. The Handbook is an indispensable reference work which should be part of every professional collection, and which makes ideal supplementary reading for graduate economics students on advanced courses.

For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes


No. of pages:
© North Holland 1999
North Holland
eBook ISBN:
Hardcover ISBN:


@qu:In the emerging tradition of the Handbooks in Economics, these two volumes offer a formidable array of contributions to the field which they survey..........an indispensable starting-point for graduate students and research workers who need a detailed guide to the state of monetary economics in the late 1980s. @source:The Economic Journal @qu:....the two volumes would be regarded as invaluable additions to the literature. @source:Economic of Planning @qu:...in many ways the most important publication to date in this branch of our subject.......On some topics it is easily the best writing available, combining a careful exposition of central ideas, with firm and persuasive judgements about what is correct and important. @source:Journal of Economic Surveys @qu:Even at the hardcover price, the two volumes we now have represent very good value for money. @source:The Economic Record

Ratings and Reviews

About the Editors

B.M. Friedman Editor

Affiliations and Expertise

Harvard University, Cambridge, MA, USA

F.H. Hahn Editor

Affiliations and Expertise

University of Cambridge, Cambridge, UK