Monetary Economics, 2nd Edition
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65
0-415-77209-5
ROUTLEDGE NEWYORK LONDON
2009
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loginThis book represents a comprehensive presentation of monetary economics. It integratesthe presentation of monetary theory with its heritage, its empirical formulations and theireconometric tests. While its main focus is on monetary theory and its empirical testsrather than on the institutional monetary and financial structure of the economy, the latteris brought in wherever needed for elucidating a theory or showing the limitations to itsapplicability. The illustrations for this purpose, as well as the empirical studies cited, aretaken from the United States, Canada and the United Kingdom. The book also elucidates thesignificant differences between the financially developed economies and the less developedand developing ones.
