Money and the Economy : Issues in Monetary Analysis
Book Details
Format
Paperback / Softback
Book Series
Raffaele Mattioli Lectures
ISBN-10
0521599741
ISBN-13
9780521599740
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 24th, 1997
Print length
412 Pages
Weight
760 grams
Dimensions
22.90 x 15.20 x 2.30 cms
Product Classification:
Monetary economics
Ksh 8,600.00
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Karl Brunner and Allan Meltzer address the theoretical aspects of the effect of money on output, with the purpose of understanding their policy implications. They offer an historical overview on the relationship between money and output and present their well-known model of a monetary economy.
This volume offers a unique perspective on a key issue of monetary economics: the effect of money on output. Karl Brunner and Allan Meltzer address the theoretical aspects of this issue with the purpose of understanding their policy implications. They offer an historical and at times provocative overview on the relationship between money and output, and go on to present their well-known model of a monetary economy, before examining the real sector. Throughout the volume, their views are confronted with competing explanations in order to highlight differences. The monetarist flavour of the volume emerges most clearly in frequent arguments pointing to the relative stability of the private sector.
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