Inhaltsangabe
The second edition of this successful textbook provides students with a comprehensive and practical grounding of monetary economics. The authors view money supply as endogenous and focus on the role of central banks meaning that discussion of theory and real world policy are closely linked throughout the book.
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Reseña del editor
Monetary Economics is a useful course text for third year modules in monetary economics. The book achieves a balance between theory and practice and enables the student to understand the theoretical basis of monetary economics. It is also distinctive in its concentrated focus on the practice of monetary policy. The authors view money supply as endogenous and central banks as preoccupied with interest rates rather than monetary aggregates, which gives the book a practical and real world character.
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