Monetary Economics
Policy and its Theoretical Basis
This fully revised second edition of Bain and Howells' Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates. The second ed…
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Produktdetails
Weitere Autoren: Howells, Peter
- ISBN: 978-0-230-20595-6
- EAN: 9780230205956
- Produktnummer: 4213040
- Verlag: Macmillan Education UK
- Sprache: Englisch
- Erscheinungsjahr: 2009
- Seitenangabe: 510 S.
- Masse: H24.6 cm x B18.2 cm x D3.4 cm 958 g
- Auflage: 2nd ed. 2009
- Abbildungen: 510 p.
- Gewicht: 958
Über den Autor
KEITH BAIN was Principal Lecturer in Economics at the University of East London, UK. He taught on a number of modules including Monetary Economics, Economic Policy and Finance and the Economy. PETER HOWELLS is Professor of Monetary Economics at the University of the West of England, UK, where he is a member of the Centre for Global Finance.
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