Monetary Theory and Policy The MIT Press Carl E Walsh 9780262035811 Books Téléchargez le PDF GNI

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The new edition of a comprehensive treatment of monetary economics, including the first extensive coverage of the effective lower bound on nominal interest rates.

This textbook presents a comprehensive treatment of the most important topics in monetary economics, focusing on the primary models monetary economists have employed to address topics in theory and policy. Striking a balance of insight, accessibility, and rigor, the book covers the basic theoretical approaches, shows how to do simulation work with the models, and discusses the full range of frictions that economists have studied to understand the impacts of monetary policy.

For the fourth edition, every chapter has been revised to improve the exposition and to reflect recent research. The new edition offers an entirely new chapter on the effective lower bound on nominal interest rates, forward guidance policies, and quantitative and credit easing policies. Material on the basic new Keynesian model has been reorganized into a single chapter to provide a comprehensive analysis of the model and its policy implications. In addition, the chapter on the open economy now reflects the dominance of the new Keynesian approach. Other new material includes discussions of price adjustment, labor market frictions and unemployment, and moral hazard frictions among financial intermediaries. References and end-of-chapter problems allow readers to extend their knowledge of the topics covered.

Monetary Theory and Policy continues to be the most comprehensive and up-to-date treatment of monetary economics, not only the leading text in the field but also the standard reference for academics and central bank researchers.

Carl E. Walsh,Monetary Theory and Policy (The MIT Press),The MIT Press,0262035812,Finance - General,Money Monetary Policy,Monetary policy,Monetary policy.,Money,Money.,BUSINESS ECONOMICS / Finance / General,BUSINESS ECONOMICS / Money Monetary Policy,Business Economics,Business/Economics,Credit credit institutions,Economics/Finance,Economics/Macroeconomics,MONETARY THEORY,Monetary economics,Non-Fiction,Scholarly/Graduate,Textbooks (Various Levels),UNIVERSITY PRESS,United States

Monetary Theory and Policy The MIT Press Carl E Walsh 9780262035811 Books Reviews :

The new edition of a comprehensive treatment of monetary economics, including the first extensive coverage of the effective lower bound on nominal interest rates.

This textbook presents a comprehensive treatment of the most important topics in monetary economics, focusing on the primary models monetary economists have employed to address topics in theory and policy. Striking a balance of insight, accessibility, and rigor, the book covers the basic theoretical approaches, shows how to do simulation work with the models, and discusses the full range of frictions that economists have studied to understand the impacts of monetary policy.

For the fourth edition, every chapter has been revised to improve the exposition and to reflect recent research. The new edition offers an entirely new chapter on the effective lower bound on nominal interest rates, forward guidance policies, and quantitative and credit easing policies. Material on the basic new Keynesian model has been reorganized into a single chapter to provide a comprehensive analysis of the model and its policy implications. In addition, the chapter on the open economy now reflects the dominance of the new Keynesian approach. Other new material includes discussions of price adjustment, labor market frictions and unemployment, and moral hazard frictions among financial intermediaries. References and end-of-chapter problems allow readers to extend their knowledge of the topics covered.

Monetary Theory and Policy continues to be the most comprehensive and up-to-date treatment of monetary economics, not only the leading text in the field but also the standard reference for academics and central bank researchers.

Carl E. Walsh,Monetary Theory and Policy (The MIT Press),The MIT Press,0262035812,Finance - General,Money Monetary Policy,Monetary policy,Monetary policy.,Money,Money.,BUSINESS ECONOMICS / Finance / General,BUSINESS ECONOMICS / Money Monetary Policy,Business Economics,Business/Economics,Credit credit institutions,Economics/Finance,Economics/Macroeconomics,MONETARY THEORY,Monetary economics,Non-Fiction,Scholarly/Graduate,Textbooks (Various Levels),UNIVERSITY PRESS,United States

Monetary Theory and Policy (The MIT Press) [Carl E. Walsh] on . PBThe new edition of a comprehensive treatment of monetary economics, including the first extensive coverage of the effective lower bound on nominal interest rates./B/PPThis textbook presents a comprehensive treatment of the most important topics in monetary economics

 

Product details Series The MIT Press Hardcover 688 pages Publisher The MIT Press; fourth edition edition (May 12, 2017) Language English ISBN-10 0262035812

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