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Image of Government at risk : contingent liabilities and fiscal risk

Text

Government at risk : contingent liabilities and fiscal risk

Schick, Allen - ; Brixi, Hana Polackova - ;

This text presents a comprehensive treatment of the most important topics in monetary economics, focusing on the primary models monetary economists have employed to address topics in theory and policy. It covers the basic theoretical approaches, shows how to do simulation work with the models, and discusses the full range of frictions that economists have studied to understand the impacts of monetary policy. Among the topics presented are money-in-the-utility function, cash-in-advance, and search models of money; informational, portfolio, and nominal rigidities; credit frictions; the open economy; and issues of monetary policy, including discretion and commitment, policy analysis in new Keynesian models, and monetary operating procedures. The use of models based on dynamic optimization and nominal rigidities in consistent general equilibrium frameworks, relatively new when introduced to students in the first edition of this popular text, has since become the method of choice of monetary policy analysis.

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. Monetary Theory and Policy continues to be the only comprehensive and up-to-date treatment of monetary economics, not only the leading text in the field but also the standard reference for academics and central bank researchers.


Ketersediaan

Call NumberLocationAvailable
Tan 352. 480 Bri gPSB lt.dasar - Pascasarjana1
PenerbitWashington: The World Bank 2002
Edisi-
SubjekAda di PPIE SALEMBA
ISBN/ISSN9780821348352
KlasifikasiNONE
Deskripsi Fisikxi, 471p; chart, tables, graphics, appendix, 30cm
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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