Monetary economics : policy and its theoretical basis /
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TextPublication details: Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, c2003.Description: xii, 509 pISBN: - 9780333792551
- 0333792556
- 332.46 BAI
- HG230.3 .B35 2003
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| 332.4560113 BUT Exchange rate determination puzzle : | 332.4564 HUF Foreign exchange intervention as a monetary policy instrument : | 332.4566 INT International dimensions of monetary policy / | 332.46 BAI Monetary economics : | 332.46 BAI Monetary economics : | 332.46 BIN Monetary policy operations and the financial system / | 332.46 CLE Explaining and forecasting the US federal funds rate : |
Includes bibliographical references (p. 474-502) and index.
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.
lje 02/05/13; oif 31/08/15
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