Modeling Monetary Economies
Modeling Monetary Economies

Author: Bruce Champ

Publisher: Cambridge University Press

Published: 2001-01-15

Total Pages: 364

ISBN-13: 9780521789745

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This upper-level undergraduate textbook, now in its second editon, approaches monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles, the authors aim to instruct students not only in existing monetary policies and institutions but also in what policies and institutions may or should exist in the future. The text builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. The authors have added in this second edition new material on speculative attacks on currencies, social security, currency boards, central banking alternatives, the payments system, and the Lucas model of price surprises. Discussions of many topics have been extended, presentations of data greatly expanded, and new exercises added.

Modeling Monetary Economies
Modeling Monetary Economies

Author: Bruce Champ

Publisher: Cambridge University Press

Published: 2011-05-09

Total Pages: 359

ISBN-13: 1139499106

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This textbook is designed to be used in an advanced undergraduate course. The approach of this text is to teach monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles instead, the authors aim to instruct students not only in the monetary policies and institutions that exist today in the United States and Canada, but also in what policies and institutions may or should exist tomorrow and elsewhere. The text builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. The authors have added in this third edition new material on money as a means of replacing imperfect social record keeping, the role of currency in banking panics and a description of the policies implemented to deal with the banking crises that began in 2007.

Monetary Economies of Production
Monetary Economies of Production

Author: Louis-Philippe Rochon

Publisher: Edward Elgar Publishing

Published: 2013-09-30

Total Pages: 299

ISBN-13: 1781003955

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With its central focus on money and its link with the production sphere, this book explores how best to adapt the fundamental ideas of the circulationist perspective to achieve a better understanding of the financialisation of the productive apparatus

General Equilibrium Models of Monetary Economies
General Equilibrium Models of Monetary Economies

Author: Ross M. Starr

Publisher: Academic Press

Published: 2014-05-10

Total Pages: 364

ISBN-13: 1483273512

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General Equilibrium Models of Monetary Economies: Studies in the Static Foundations of Monetary Theory is a collection of essays that addresses the integration of the theory of money and the theory of value by using a mathematical general equilibrium theory. The papers discuss monetary theory, microeconomic theory, bilateral trade, transactions costs, intertemporal allocation, and the value of money. The Arrow-Debreu model of Walrasian general equilibrium theory provides a framework to represent money as a device for facilitating trade among economic agents without the use of money as a medium of exchange and as a store of value. The essays analyze the rationale for using a medium of exchange, for using a store of value, and for holding of idle balances in equilibrium. The essays show that by explicit modeling of the structure and difficulties of trade, a powerful class of models which deny money and finance a role in the economy, has by itself shown to have provided the foundation for the structures of trade. The collection will prove helpful for economists, statistician, mathematicians, students or professors of economics and business.

Monetary Economics
Monetary Economics

Author: W. Godley

Publisher: Springer

Published: 2006-12-01

Total Pages: 574

ISBN-13: 0230626548

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This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

Monetary Theory and Policy
Monetary Theory and Policy

Author: Carl E. Walsh

Publisher: MIT Press

Published: 2003

Total Pages: 636

ISBN-13: 9780262232319

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An overview of recent theoretical and policy-related developments in monetary economics.

Monetary Economics
Monetary Economics

Author: W. Godley

Publisher: Springer

Published: 2016-04-30

Total Pages: 577

ISBN-13: 1137085991

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This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

Monetary Economics
Monetary Economics

Author: Jagdish Handa

Publisher: Routledge

Published: 2008-09-18

Total Pages: 1199

ISBN-13: 1135981833

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This successful text, now in its second edition, offers the most comprehensive overview of monetary economics and monetary policy currently available. It covers the microeconomic, macroeconomic and monetary policy components of the field. Major features of the new edition include:Stylised facts on money demand and supply, and the relationships betw

A Course in Monetary Economics
A Course in Monetary Economics

Author: Benjamin Eden

Publisher: John Wiley & Sons

Published: 2008-04-15

Total Pages: 424

ISBN-13: 0470752009

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A Course in Monetary Economics is an insightful introduction to advanced topics in monetary economics. Accessible to students who have mastered the diagrammatic tools of economics, it discusses real issues with a variety of modeling alternatives, allowing for a direct comparison of the implications of the different models. The exposition is clear and logical, providing a solid foundation in monetary theory and the techniques of economic modeling. The inventive analysis explores an extensive range of topics including the optimum quantity of money, optimal monetary and fiscal policy, and uncertain and sequential trade models. Additionally, the text contains a simple general equilibrium version of Lucas (1972) confusion hypothesis, and presents and synthesizes the results of recent empirical work. The text is rooted in the author's years of teaching and research, and will be highly suitable for monetary economics courses at both the upper-level undergraduate and graduate levels.

Global Monetary Economics
Global Monetary Economics

Author: Emil Maria Claassen

Publisher: Oxford University Press, USA

Published: 1996

Total Pages: 350

ISBN-13:

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Both traditional and modern theories of exchange rate determination are described in this study, along with the effects of international monetary movements. The text provides a detailed introduction to international monetary economics.