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Monetary Economics : Policy and Its Theoretical Basis. 2nd ed. 金融経済学－政策とその理論的基礎 第2版
・ISBN 978-0-230-20599-4 hard EUR 99.99
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・ISBN 978-0-230-20595-6 paper EUR 70.99
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電子版あり 大学・学術機関向け電子ブック（eBook）ISBN 978-1-350-48012-4
| 著者・編者 | Bain, Keith / Howells, P., |
|---|---|
| 出版社 | (Palgrave Macmillan, UK) |
| 出版年月 | 2009 |
| ページ数 | 510 pp. |
| 言語 | ENG |
| ニュース番号 | ＜560-325＞ |
解説
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 edition:
- features a realistic account of the conduct of monetary policy when the money supply is endogenous
- provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics
- includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisis
Monetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy.