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Monetary policy within the IS-LM framework /

The majority of economists, would admit that money is powerful and that changes in money will impact the economy, to some extent and most of the time. Monetary theory analyzes and determines how changes in the supply of money affect the economy. The collection of policies that use monetary tools is...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Naghshpour, Shahdad (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2014.
Edición:First edition.
Colección:2013 digital library.
Economics collection.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Section I. Background and fundamental theories
  • 1. A brief history of monetary theory
  • 2. Politics and monetary policy
  • 3. Two blades are better than one: the role of IS- LM
  • 4. The role of velocity in monetary policy
  • Section II. Monetary theory and related issues
  • 5. Keynes' view of monetary policy
  • 6. Friedman and modern quantity theory
  • 7. Discretionary policies
  • Section III. Schools of thought in monetary theory
  • 8. Austrian school
  • 9. Rational expectations hypothesis
  • 10. Inflation targeting
  • Section IV. The evidence
  • 11. Empirical evidence supporting monetary policy
  • 12. Conclusion
  • Glossary
  • Notes
  • References
  • Index.