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Money and the Economy: Issues in Monetary Analysis by Karl Brunner, Allan H. Meltzer

Money and the Economy: Issues in Monetary Analysis

by Karl Brunner , Allan H. Meltzer
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Book cover type: Paperback
  • ISBN13: 9780521599740
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 412
  • Original Price: GBP 45.0
  • Language: English
  • Edition: Revised
  • Item Weight: 762 grams
  • BISAC Subject(s): Money & Monetary Policy

This volume offers a perspective on a key issue of monetary economics. It addresses the theoretical aspects of this issue with the purpose of understanding their policy implications. It offers an historical overview on the relationship between money and output, and goes on to present Brunner's and Meltser's model of a monetary economy. Throughout the volume, their views are confronted with competing explanations in order to highlight differences. The monetarist flavour of the volume emerges most clearly in frequent arguments pointing to the relative stability of the private sector. A leitmotiv of the lectures is uncertainty and costs of acquiring information.

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