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Monetary Theory and Policy

by Carl E. Walsh
Monetary Theory and Policy
Monetary Theory and Policy

Advanced insights into monetary economics dynamics.

If you're delving deep into monetary theory or gearing up for a future in economic policy-making, "Monetary Theory and Policy" is like a compass in the complex world of monetary economics. Carl E. Walsh's detailed approach provides the kind of rigorous foundation that'll not only support your academic pursuits but also inform real-world policy decisions, making it a go-to resource for any serious economics student or professional.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Monetary Theory and Policy

by Carl E. Walsh
Condition guide

Book Condition Guide

Books in Like New Condition

This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Very Good Condition

This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

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We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Well Read Condition

This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

 

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ISBN: 9780262231992
Authors: Carl E. Walsh
Publisher: The MIT Press
Date of Publication: 1998-10-27
Format: Hardcover
Related Collections: Economics, Business, Politics
Related Topics: Management, Finance, Sociology, Money, Society, Government, Theory
Goodreads rating: 3.88
(rated by 33 readers)

Description

Monetary Theory and Policy presents an advanced treatment of critical topics in monetary economics and the models economists use to investigate the interactions between real and monetary factors. It provides extensive coverage of general equilibrium models of money, models of the short-run real effects of monetary policy, and game-theoretic approaches to monetary policy. Among the topics covered are money-in-the-utility-function models, cash-in-advance models, money and public finance, the credit channel of money, models of time inconsistency, monetary policy operating procedures, and interest rates and monetary policy. The book has three innovative aspects. It uses dynamic simulations to evaluate quantitatively the significance of the channels through which monetary policy and inflation affect the economy. It extensively examines modern approaches to monetary policy that stress the incentives facing central banks and the strategic interactions between central banks and the private sector. Where most treatments of monetary policy emphasize money supply control and money demand, this book focuses on the implications of interest rate control for monetary policy. The book is designed for use in first-year graduate courses in macro theory and second-year courses in monetary economics, for economic researchers in need of a systematic summary of recent developments in the field, for economists working in policy institutions, and for central bank staff economists.
 

Advanced insights into monetary economics dynamics.

If you're delving deep into monetary theory or gearing up for a future in economic policy-making, "Monetary Theory and Policy" is like a compass in the complex world of monetary economics. Carl E. Walsh's detailed approach provides the kind of rigorous foundation that'll not only support your academic pursuits but also inform real-world policy decisions, making it a go-to resource for any serious economics student or professional.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.