There have been important advances in monetary economics and macroeconomics recently. In macroeconomics there has been the paramount development of the New Consensus Macroeconomics along with significant policy implications, thereby giving rise to the notion of New Monetary Policy. This book...

This book deals with the key aspects of developments in monetary economics and macroeconomics, such as the New Consensus Macroeconomics, and further ones such as money, credit and the business cycle. Adding to the analysis are developments that focus on issues for open and spatial macroeconomics

"This book provides cutting-edge material elaborating on monetary circuit theory and post-Keynesian monetary economics. It contributes to a new approach to monetary analysis, which provides original insights into the complex fields of money, banking, and finance"--Provided by publisher