Money and the Economy
Issues in Monetary Analysis
Published on 24. July 1997
Book
Paperback/Softback
412 pages
978-0-521-59974-0 (ISBN)
Description
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.
Reviews / Votes
'This book represents the last in a long and distinguished line of works on monetary economics by Karl Brunner and Allan Meltzer ... a masterful overview of the relationship between money and output ... There is a happy mixture of retrospective and a prospective analysis in the lectures, evaluating received economic theory and suggesting future economic policy. As a readable and insightful appraisal of monetarist economics in comparison with its rivals I recommend the book'. The Economic Journal 'The author is a renowned researcher in this area. His book will serve not only as an introduction to the topic, but it will certainly remain as a major reference on collocation methods for many years.' Numerical AlgorithmsMore details
Series
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
16 Tables, unspecified
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 24 mm
Weight
666 gr
ISBN-13
978-0-521-59974-0 (9780521599740)
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Schweitzer Classification
Other editions
Additional editions
Book
11/1993
Cambridge University Press
€43.33
Article exhausted; check for reprint
Previous edition
Book
11/1993
Cambridge University Press
€43.33
Article exhausted; check for reprint
Persons
Content
Preface; 1. A review of the issues; 2. The monetary mechanism: markets for assets; 3. Fiscal policy, prices and wages, unemployment and related issues; 4. Monetary policy: problems and potential; Discussion; Comments.