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A course in monetary economics : sequential trade, money, and uncertainty /

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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Eden, Benjamin
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Malden, MA : Blackwell Pub., 2005.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Overview
  • Money in the utility function
  • The welfare cost of inflation in a growing economy
  • Government
  • More explicit models of money
  • Optimal fiscal and monetary policy
  • Money and the business cycle: does money matter?
  • Sticky prices in a demand-satisfying model
  • Sticky prices with optimal quantity choices
  • Flexible prices
  • Part 2: An introduction to the economics of uncertainty
  • Preliminaries
  • Does insurance require risk aversion?
  • Asset prices and the Lucas' "tree model"
  • Part 3: An introduction to uncertain and sequential trade (UST)
  • Real models
  • A monetary model
  • Limited participation, sticky prices, and UST: a comparison
  • Inventories and business cycle
  • Money and credit in the business cycle
  • Evidence from micro data
  • The Friedman rule in UST model
  • Sequential international trade
  • Endogenous information and externalities
  • Search and contracts.