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Money and the Economy: Issues in Monetary Analysis

Money and the Economy: Issues in Monetary Analysis

Paperback

Series: Raffaele Mattioli Lectures

EconomicsInvesting & Finance

ISBN10: 0521599741
ISBN13: 9780521599740
Publisher: Cambridge University Press
Published: Jul 24 1997
Pages: 412
Weight: 1.68
Height: 1.36 Width: 6.02 Depth: 9.02
Language: English
This volume offers a perspective on a key issue of monetary economics. It addresses the theoretical aspects of this issue with the purpose of understanding their policy implications. It offers an historical overview on the relationship between money and output, and goes on to present Brunner's and Meltser's model of a monetary economy. Throughout the volume, their views are confronted with competing explanations in order to highlight differences. The monetarist flavour of the volume emerges most clearly in frequent arguments pointing to the relative stability of the private sector. A leitmotiv of the lectures is uncertainty and costs of acquiring information.

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