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Monetarism is dead! Central bankers are all Wicksellians now! They target low inflation rates, with no regard to monetary aggregates whatsoever, by acting upon short-term real rates of interest. This is the New Consensus in monetary economics, or simply the New Keynesian Synthesis. Yet, this...
Persistent link: https://www.econbiz.de/10014474017
The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of … general theory of the creation of money that is consistent with the post-Keynesian view on macroeconomic policy. Credit …
Persistent link: https://www.econbiz.de/10014473823
monetary theory and policy, financial markets, and financial instability coming out of the Post Keynesian school of thought …
Persistent link: https://www.econbiz.de/10011850557
"Central Banking, Monetary Policy and Gender uniquely explores the ways in which monetary policies, changes in interest rates and unconventional monetary strategies such as quantitative easing affect women. This groundbreaking book analyses the inner organisation of central banks, considering...
Persistent link: https://www.econbiz.de/10014544814
capital and interest theory. In the three classic essays featured in this book, Professor Kirzner argues that an Austrian … approach based on the pure time preference theory offers an attractive alternative to both the orthodox neoclassical and the …. This consistent subjectivism makes it possible to present the pure time (Fetter-Mises) preference theory of interest in …
Persistent link: https://www.econbiz.de/10014473975
. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like … on Early Monetary Theory will be of interest to bankers, historians, and macroeconomists and can be used as a …
Persistent link: https://www.econbiz.de/10012416715
Part I basic statements and analyses -- 1. The concept of nation -- 2. The theory of exchange -- 3. Equilibrium and …
Persistent link: https://www.econbiz.de/10012419906
Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book provides a thorough survey of the literature that has resulted from this renewed interest. The authors ground recent contributions on the 'science of monetary policy' in the...
Persistent link: https://www.econbiz.de/10012420009
theory to post Keynesian theories of endogenous money …1. Money and economic theory and policy -- 2. The nature and functions of money : a re-examination -- 3. Monetarism and … the quantity theory of money -- 4. Short-run non-neutralities, nominal rigidities, misperceptions and the concept of the …
Persistent link: https://www.econbiz.de/10011851150
Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this wide-ranging book. By continually building on the assumption that economic actors are maximizers, they explain how monetary and financial services, as well as related...
Persistent link: https://www.econbiz.de/10011851385