Monetary economics / Jagdish Handa.

Format:

Book

Author/Creator:

Handa, Jagdish, author.

Language:

English

Subjects (All):

Money.

Money supply.

Macroeconomics.

Monetary policy.

Banks and banking.

Physical Description:

1 online resource (785 p.)

Place of Publication:

London ; New York : Routledge, 2000.

Language Note:

English

Summary:

A comprehensive overview of advanced monetary economics, integrating the presentation of monetary theory with empirical formulations and their empirical tests. Unlike most texts this book brings together in a single unified source the core areas of monetary economics. Key features include:* cross-country comparison of central banking in the US, UK and developing countries* theories and empirical studies on money demand, including precautionary and buffer stock models and monetary aggregation* detailed comparison of Keynesian and modern classical macroeconomic theoretical and polic

Contents:

Cover; Half Title; Dedication; Title Page; Copyright Page; Table of Contents; Preface; Acknowledgments; part one Introduction and Heritage; 1 Introduction; Key concepts introduced in this chapter; 1.1 What is money and what does it do?; 1.2 Money supply and money stock; 1.3 The nominal versus the real value of the money supply; 1.4 The money market in monetary and macroeconomics; 1.5 A brief history of the definition of money; 1.6 The practical definitions of money and related concepts; 1.7 Financial intermediaries and the creation of financial assets

1.8 Different modes of analysing the economy1.9 The classical paradigm and the classical set of macroeconomic models; 1.10 The Keynesian paradigm and the Keynesian set of macroeconomic models; 1.11 Which macro-paradigm or model must one believe in?; 1.12 The parameters of the IS-LM expositions of macroeconomic models; 1.13 Monetary and fiscal policies; Conclusions; Summary of critical conclusions; Review and discussion questions; 2 The analysis of money and prices: the heritage; Key concepts introduced in this chapter; 2.1 The quantity equation; 2.2 The quantity theory

2.3 Wicksell's pure credit economy2.4 Keynes' contributions on the demand for money; 2.5 Friedman and the 'restatement' of the quantity theory of money; 2.6 The transmission mechanisms for the impact of money supply changes on national income; Conclusions; Summary of critical conclusions; Review and discussion questions; part two Money in the Economy; 3 Money in the economy: general equilibrium analysis; Key concepts introduced in this chapter; 3.1 Money and other goods in the economy; 3.2 Inserting money into the individual's utility function; 3.3 The different concepts of prices

3.4 The user cost of money3.5 The individual's demand for and supply of money and other goods; 3.6 The firm's demand and supply functions for money and other goods; 3.7 The aggregate demand and supply functions for money and other goods in the economy; 3.8 The supply of nominal and real balances; 3.9 General equilibrium in the economy; 3.10 The neutrality and super-neutrality of money; 3.11 The dichotomy between the real and the monetary sectors; 3.12 Simplifying the aggregate demand function for money for macroeconomic analysis; Conclusions; Summary of critical conclusions

Review and discussion questionspart three The Demand for Money; 4 The transactions demand for money; Key concepts introduced in this chapter; 4.1 The basic inventory analysis of the transactions demand for money; 4.2 Some special cases of the demand for transactions balances; 4.3 The demand for currency versus demand deposits; 4.4 Economies of scale and the distribution of income; 4.5 Efficient funds management in a firm with multiple branches; 4.6 The demand for money and the payment of interest on demand deposits

4.7 Technical innovations and the demand for currency, and for demand and savings deposits

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

Description based on print version record.

ISBN:

1-134-63808-6

1-134-63809-4

1-280-13785-1

9786610137855

0-203-45691-2

9780203456910

OCLC:

1000430732