Money: Theory and Practice (Springer Texts in Business and Economics) - Image 1

£64.10

Springer Money: Theory and Practice (Springer Texts in Business and Economics)

Name: Money: Theory and Practice (Springer Texts in Business and Economics)
Brand: Springer
Price: 64.1 GBP
Availability: InStock

Econometrics

This is the most expensive it has ever been. Walk away.

£64 today · previous high £64 · all-time low £59

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 637 days • 637 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 637 days • 4 price levels

Days at Price

Current Price

Price Analysis

Most common price: £62 (502 days, 78.8%)

Price range: £59 - £64

Price levels: 4 different prices over 637 days

Description

This textbook provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The book presents both the core New Keynesian model and recent advances, taking into account financial frictions, and discusses recent research on an intuitive level based on simple static and two-period models, but also prepares readers for an extension to a truly dynamic analysis. Further, it offers a systematic perspective on monetary policy, covering a wide range of models to help readers gain a better understanding of controversial issues. Part I examines the long-run perspective, addressing classical monetary policy issues such as determination of the price level and interaction between monetary and fiscal policy. Part II introduces the core New Keynesian model, characterizing optimal monetary policy to stabilize short-term shocks. It discusses rules vs. discretion and the challenges arising from control errors, imperfect information and robustness issues. It also analyzes optimal control in the presence of an effective lower bound. Part III focuses on modelling financial frictions. It identifies the transmission mechanisms of monetary policy via banking and introduces models with incomplete markets, principal-agent problems, maturity mismatch and leverage cycles, to show why investors’ and intermediaries’ own stakes play a key role in lending with pro-cyclical features. In addition, it presents a tractable model for handling liquidity management and demonstrates that the need to sell assets in crisis amplifies the volatility of the real economy. Lastly, the book discusses the relation between monetary policy and financial stability, addressing systemic risk and the role of macro-prudential regulation.

Product Specifications

Brand: Springer
Format: hardcover
ASIN: 3030196968
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 16 December 2019
Listed Since: 04 April 2019

Barcode

No barcode data available

Springer Money: Theory and Practice (Springer Texts in Business and Economics)

This is the most expensive it has ever been. Walk away.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Monetary Policy in Interdependent Economies: The Task Ahead: 55 (Financial and Monetary Policy Studies, 55)

Monetary Policy in Interdependent Economies: The Task Ahead: 55 (Financial and Monetary Policy Studies, 55)

Monetary Policy: A Theoretical and Econometric Approach: 19 (Advanced Studies in Theoretical and Applied Econometrics, 19)

Money, Banking, and Financial Markets: A Modern Introduction to Macroeconomics

Central Banking, Asset Prices and Financial Fragility (Routledge International Studies in Money and Banking)

The Oxford Handbook of the Economics of Central Banking (Oxford Handbooks)

Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank

Monetary Economics in Globalised Financial Markets

Routledge Monetary Policy Over Fifty Years - Economics Book

The Global Financial Crisis and the New Monetary Consensus (Routledge International Studies in Money and Banking)

Monetary Policy on the 75th Anniversary of the Federal Reserve System: Proceedings of the Fourteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis

Monetary Policy and Central Banking: New Directions in Post-Keynesian Theory

Innovative Federal Reserve Policies During The Great Financial Crisis: 15 (World Scientific-Now Publishers Series in Business)

Banking, Monetary Policy and the Political Economy of Financial Regulation: Essays in the Tradition of Jane D'Arista

Financial Markets and the Macroeconomy: A Keynesian Perspective: 52 (Routledge International Studies in Money and Banking)

Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective

Recent Developments in Monetary Policy (The International Library of Critical Writings in Economics series)

Money, Financial Institutions and Macroeconomics: 53 (Recent Economic Thought, 53)

Money, Financial Institutions and Macroeconomics: 53 (Recent Economic Thought, 53)

Unconventional Monetary Policy and Financial Stability: The Case of Japan (Routledge Critical Studies in Finance and Stability)

A Framework for Monetary Stability: Papers and Proceedings of an International Conference organised by De Nederlandsche Bank and the CentER for ... (Financial and Monetary Policy Studies, 27)

Towards a New Paradigm in Monetary Economics (Raffaele Mattioli Lectures)

The Evolution of Monetary Policy Strategies in Europe: 34 (Financial and Monetary Policy Studies, 34)

Central Banking, Monetary Theory and Practice: Essays in Honour of Charles Goodhart, Volume One: 1