000 01430nam a22001697a 4500
020 _a978-8120342521
082 _a332.46 WAL
100 _aWalsh, Carl E
245 _aMonetary theory and policy
250 _a3
260 _aNew Delhi
_bPHI learning
_c2011
300 _axxi, 613p
_bill, 24cm ; Pbk
500 _aRs.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.
505 _aPreface 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
650 _aMonetary policy
_aMoney
942 _cBK
999 _c100413
_d100413