Handbook of Monetary Economics

Handbook of Monetary Economics

1st Edition - November 13, 1990

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  • Editors: B.M. Friedman, F.H. Hahn
  • Hardcover ISBN: 9780444880260

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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

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).

Product details

  • No. of pages: 620
  • Language: English
  • Copyright: © North Holland 1990
  • Published: November 13, 1990
  • Imprint: North Holland
  • Hardcover ISBN: 9780444880260

About the Editors

B.M. Friedman

Affiliations and Expertise

Harvard University, Cambridge, MA, USA

F.H. Hahn

Affiliations and Expertise

University of Cambridge, Cambridge, UK

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