Monetary theory and policy /

This text presents a comprehensive treatment of the most important topics in monetary economics, focusing on the primary models monetary economists have employed to address topics in theory and policy. It covers the basic theoretical approaches, shows how to do simulation work with the models, and d...

• Main Author: Walsh, Carl E.
• Format: Book
• Language: English
• Published: Cambridge, Mass. : MIT Press, 2010
• Edition: 3rd ed.
• Subjects: POLITICA MONETARIA; TEORIA MONETARIA; ECONOMIA MONETARIA; FUNCION DE UTILIDAD; HACIENDA PUBLICA; ECONOMIA ABIERTA; INFLACION; MODELOS ECONOMICOS; KEYNESIANISMO; MODELOS ECONOMETRICOS; POLITICA FISCAL; MERCADOS FINANCIEROS; FINANZAS PUBLICAS; TEORIA DE LA INFLACION; ECONOMIA KEYNESIANA; ESCUELA KEYNESIANA; TEORIA KEYNESIANA; POLITICA TRIBUTARIA; SECTOR FINANCIERO
• Online Access: Información y publicaciones del autor

Table of Contents:

• Empirical evidence on money, prices, and output
• Money-in-the-utility function
• Money and transactions
• Money and public finance
• Money in the short run : informational and portfolio rigidities
• Money in the short run : nominal price and wage rigidities
• Discretionary policy and time inconsistency
• New keynesian monetary economics
• Money and the open economy
• Financial markets and monetary policy
• Monetary policy and operating procedures.