In the aftermath of the debates between Keynesians and monetarists, this book provides a lucid, concise overview of the most recent developments in monetary theory. Professor Visser has written an up-to-date survey which discusses major issues such as crowding out, the new classical macroeconomics, the breakdown of the stable money demand function, buffer stocks and currency substitution.Currency problems in general have come to the fore after the collapse of the Bretton-Woods system. The book addresses topical issues including Hayek's proposal to denationalize money as well as theoretical issues, such as the search for the microfoundations of monetary theory. This is an important, up-to-date survey of recent developments in monetary theory, and the economic reasoning which underlies it. The use of mathematics has been kept to a minimum.
| ISBN: | 9781852788476 |
| Publication date: | 1st January 1993 |
| Author: | Hans Visser |
| Publisher: | Edward Elgar Publishing Ltd |
| Format: | Paperback |
| Pagination: | 224 pages |
| Genres: |
Monetary economics |
In the aftermath of the debates between Keynesians and monetarists, this book provides a lucid, concise overview of the most recent developments in monetary theory. Professor Visser has written an up-to-date survey which discusses major issues such as crowding out, the new classical macroeconomics, the breakdown of the stable money demand function, buffer stocks and currency substitution.Currency problems in general have come to the fore after the collapse of the Bretton-Woods system. The book addresses topical issues including Hayek's proposal to denationalize money as well as theoretical issues, such as the search for the microfoundations of monetary theory. This is an important, up-to-date survey of recent developments in monetary theory, and the economic reasoning which underlies it. The use of mathematics has been kept to a minimum.
MODERN MONETARY THEORY features in the following genres: Monetary economics
MODERN MONETARY THEORY is available in Paperback, Hardback
MODERN MONETARY THEORY was written by Hans Visser and published by Edward Elgar Publishing Ltd
MODERN MONETARY THEORY has 224 pages