Walsh, Carl E

Monetary theory and policy - 3 - New Delhi PHI learning 2011 - xxi, 613p ill, 24cm ; Pbk

Rs.450/- This third edition reflects the latest advances in the field, incorporating new or expanded material on such topics as monetary search equilibria, sticky information, adaptive learning, state-contingent pricing models, and channel systems for implementing monetary policy. Much of the material on policy analysis has been reorganized to reflect the dominance of the new Keynesian approach. The book continues to be not only the leading text in the field but also the standard reference for academics and researchers.

Preface
Introduction
1. Empirical Evidence on Money, Prices, and Output
2. Money-in-the-Utility Function
3. Money and Transactions
4. Money and Public Finance
5. Money in the Short Run: Informational and Portfolio Rigidities
6. Money in the Short Run: Nominal Price and Wage Rigidities
7. Discretionary Policy and Time Inconsistency
8. New Keynesian Monetary Economics
9. Money and the Open Economy
10. Financial Markets and Monetary Policy
11. Monetary Policy Operating Procedures
References
Name Index
Subject Index

978-8120342521


Monetary policy
Money

332.46 WAL