The German state banks – or Landesbanks – are not only some of the largest banks in Germany but are also a dominant force in the international banking sector. These state-owned banks enjoy special privileges and government support which have made them major players in the global arena of...

Monetary Theory and Monetary Policy is the second collection of essays by Karl Brunner – one of the most prominent economists of the twentieth century. It demonstrates the importance of economic analysis for the development of appropriate economic policies.

This authoritative book analyses the recent problems associated with the UK’s monetary system and suggests a long-term solution to control bank lending in the future. It draws on extensive historical material, discussions with former senior officials and politicians, and the perceptive...

The Theory of Inflation presents in one volume a comprehensive description of the historical inflation record, surveys the current state of knowledge on the fundamental forces that cause inflation and the mechanisms that propagate it, and examines the costs of inflation and the problems of...

This timely book provides a comprehensive analysis of the post-war evolution of financial markets and financial regulation in Japan, with special emphasis being placed on the period since 1975.

Monetary theory not only provides the tools to analyse monetary arrangements, it also shapes them in an essential way. The selected papers gathered together in this book deal with a variety of topics concerning both aspects of this twofold relationship. A number of controversial issues regarding...

This authoritative two-volume collection brings together the most important contributions to theories of money and banking written over the past century.

This volume presents a collection of the most important published articles in the field, including influential papers by key economists on terms of primary products, commodity price instability, stabilization programmes, trade shocks, futures markets and sectoral studies.

This innovative book uses mainstream theoretical analysis to explain the successes and failures of monetary reforms.

This book presents a quarter of a century of empirical research on interest rates and a variety of asset prices. It will serve to deepen our understanding of asset price inflation.