This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy a…
This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy a…
Contains contributions on the 'science of monetary policy' in the literature of the 1970s which viewed optimal monetary policy as primarily a question of the optimal use of information and studies in the 1980s that gave primacy to time inconsistency problems. This book provides …
"Economists in academia and in policymaking organizations who want to learn about recent developments in the area of optimal monetary policy, as well as graduate and advanced undergraduate students in macroeconomic and monetary economics, will find this volume a clear and thorou…
Contains contributions on the 'science of monetary policy' in the literature of the 1970s which viewed optimal monetary policy as primarily a question of the optimal use of information and studies in the 1980s that gave primacy to time inconsistency problems. This book provides …
"Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subse…
"Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subse…
This is the third corrected and extended edition of a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth, non-monetary and monetary models are thoroughly reviewed. Special attent…
Develops an alternative theoretical approach to the role of the money in the economy, emphasizing the importance of bank credit and the behavioural forces the underlie the supply of money.
