A Course in Monetary Economics: Sequential Trade, Money, and Uncertainity

Benjamin Eden9780631215660, 0631215662

Книга A Course in Monetary Economics: Sequential Trade, Money, and Uncertainity A Course in Monetary Economics: Sequential Trade, Money, and UncertainityКниги Экономика Автор: Benjamin Eden Год издания: 2004 Формат: pdf Издат.:Wiley-Blackwell Страниц: 424 Размер: 2 ISBN: 0631215662 Язык: Английский0 (голосов: 0) Оценка:Monetary Economics and Sequential Trade is an insightful introduction to the 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 of the different models. The exposition is clear and logical, providing a solid foundation in monetary theory and the techniques of economic modeling. The text is rooted in the author’s years of teaching and research, and will be highly suitable for monetary economics courses in both the upper-level undergraduate and graduate levels.

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Table of contents :
Cover……Page 1
A Course in Monetary Economics: Sequential Trade, Money, and Uncertainty……Page 2
Title……Page 4
Copyright……Page 5
Brief Contents……Page 6
Contents……Page 8
Preface……Page 13
Part I Introduction to Monetary Economics……Page 15
1 Overview……Page 17
2 Money in the Utility Function……Page 38
3 The Welfare Cost of Inflation in a Growing Economy……Page 69
4 Government……Page 84
5 More Explicit Models of Money……Page 98
6 Optimal Fiscal and Monetary Policy……Page 112
7 Money and the Business Cycle: Does Money Matter?……Page 135
8 Sticky Prices in a Demand-satisfying Model……Page 159
9 Sticky Prices with Optimal Quantity Choices……Page 167
10 Flexible Prices……Page 182
Part II An Introduction to the Economics of Uncertainty……Page 191
11 Preliminaries……Page 193
12 Does Insurance Require Risk Aversion?……Page 208
13 Asset Prices and the Lucas “Tree Model”……Page 213
Part III An Introduction to Uncertain and Sequential Trade (UST)……Page 218
14 Real Models……Page 220
15 A Monetary Model……Page 260
16 Limited Participation, Sticky Prices, and UST: A Comparison……Page 271
17 Inventories and the Business Cycle……Page 290
18 Money and Credit in the Business Cycle……Page 312
19 Evidence from Micro Data……Page 323
20 The Friedman Rule in a UST Model……Page 337
21 Sequential International Trade……Page 343
22 Endogenous Information and Externalities……Page 366
23 Search and Contracts……Page 379
References……Page 395
Index……Page 405
Back Cover……Page 419