Monetary theory and policy /

The new edition of a comprehensive treatment of monetary economics, including the first extensive coverage of the effective lower bound on nominal interest rates. This textbook presents a comprehensive treatment of the most important topics in monetary economics, focusing on the primary models mone...

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Bibliographic Details
Main Author: Walsh, Carl E.
Format: Book
Language:English
Published: Cambridge, Mass. : The MIT Press, 2017
Edition:4th ed.
Subjects:
Online Access:Información y publicaciones del autor
Table of Contents:
  • Preface
  • Introduction
  • 1. Evidence on money, prices and output
  • 2. Money-in-the-utility function
  • 3. Money and transactions
  • 4. Money and public finance
  • 5.Informational and portfolio rigidities
  • 6. Discretionary policy and time inconsistency
  • 7. Nominal price and wage rigidities
  • 8. New Keynesian monetary economics
  • 9. Monetary policy in the open economy
  • 10. Financial markets and monetary policy
  • 11. The effective lower bound and balance sheet policies
  • 12. Monetary policy operating procedures
  • references.