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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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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