Monetary Theory and Policy PDF
400 Pages·1996·9.684 MB·English
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This text includes most of the material covered in a money and banking course, along with more advanced topics. Part I provides the basis for understanding issues in monetary theory and policy, then focuses on institutions. Part II gives an intermediate-level treatment of monetary economics, and includes significant current research in the field. Part III addresses further aspects of policymaking. The modern general equilibrium model is emphasized throughout the book. A graphical model of a representative economy replaces IS/LM in the core theory chapters.
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