Monetary theory and policy /
Walsh, Carl E.
Monetary theory and policy / - 3rd ed. - Cambridge, Mass. : MIT Press, c2010. - xxi, 613 p. :
Includes bibliographical references and indexes.
This third edition reflects the latest advances in the field, incorporating new or expanded material on such topics as monetary search equilibria, sticky information, adaptive learning, state-contingent pricing models, and channel systems for implementing monetary policy. Much of the material on policy analysis has been reorganized to reflect the dominance of the new Keynesian approach. The book continues to be not only the leading text in the field but also the standard reference for academics and researchers. The book is also an indispensable bridge between theory and practice and a comprehensive overview of the field. Each topic is addressed by a few models exposited with mathematical rigor and policy insight. The depth and breadth of the model presentations make the book an essential reference for students and central bank economists alike.
9780262013772 (hardcover : alk. paper) 0262013770 (hardcover : alk. paper)
Monetary policy.
Money.
Monetary theory
HG230.3 / .W35 2010
332.4'6 / WAL
Monetary theory and policy / - 3rd ed. - Cambridge, Mass. : MIT Press, c2010. - xxi, 613 p. :
Includes bibliographical references and indexes.
This third edition reflects the latest advances in the field, incorporating new or expanded material on such topics as monetary search equilibria, sticky information, adaptive learning, state-contingent pricing models, and channel systems for implementing monetary policy. Much of the material on policy analysis has been reorganized to reflect the dominance of the new Keynesian approach. The book continues to be not only the leading text in the field but also the standard reference for academics and researchers. The book is also an indispensable bridge between theory and practice and a comprehensive overview of the field. Each topic is addressed by a few models exposited with mathematical rigor and policy insight. The depth and breadth of the model presentations make the book an essential reference for students and central bank economists alike.
9780262013772 (hardcover : alk. paper) 0262013770 (hardcover : alk. paper)
Monetary policy.
Money.
Monetary theory
HG230.3 / .W35 2010
332.4'6 / WAL