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9780470019092

Monetary Policy

by
  • ISBN13:

    9780470019092

  • ISBN10:

    0470019093

  • Edition: 1st
  • Format: Paperback
  • Copyright: 2012-03-05
  • Publisher: Wiley

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Supplemental Materials

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Summary

Designed for advanced undergraduates in economics, this new text provides an up-to-date guide to the practice and theory of monetary policy and provides key models and issues that tie in with contemporary research and policy. Focusing on the transmission mechanism of monetary policy, the book features analysis on the behaviour of the United Kingdom bank, the European Central bank and the Federal Reserve. Contemporary issues are discussed and theorized such as the worldwide credit crunch, subsequent recession and quantitative easing.

Author Biography

John Fender is a Professor of Economics at the University of Birmingham. He has taught numerous undergraduate courses on Monetary Policy at several universities in the UK and the USA. As well as having written many research papers, John has also written two books.

Table of Contents

Acknowledgements
Introduction
Foundations of a Monetary Economy
Keynes, IS-LM and After
Consumption
Investment
Money Demand and Money Supply
Nominal Rigidities
Inflation and Unemployment
Time Inconsistency: Theoretical Foundations for Independent Central Banks?
The Social Costs of Inflation
Financial Intermediaries, Credit Market Imperfections and their Relevance for Monetary Policy
Monetary Policy in an Open Economy
The Term Structure of Interest Rates
The Stock Market
The Housing Market
Fiscal Policy
Evidence on the Effectiveness of Monetary Policy
The Targets and Instruments of Monetary Policy
The Transmission Mechanism. How does the Central Bank Influence the Behaviour of the Economy?
Monetary Policy in Practice
The Worldwide Credit Crunch and Recession of 2007-9
Recent Innovations in Monetary Policy: Quantitative Easing
Monetary Policy Now and in the Future
Glossary
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

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