A course in monetary economics :sequential trade, money, and uncertainty
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Malden, MA
Name of Publisher, Distributor, etc.
Blackwell Pub.
Date of Publication, Distribution, etc.
2005
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xiv, 804 p. :ill.table, graphs
NOTES PERTAINING TO TITLE AND STATEMENT OF RESPONSIBILITY
Text of Note
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CONTENTS NOTE
Text of Note
Overview -- Money in the utility function -- The welfare cost of inflation in a growing economy -- Government -- More explicit models of money -- Optimal fiscal and monetary policy -- Money and the business cycle: does money matter? -- Sticky prices in a demand-satisfying model -- Sticky prices with optimal quantity choices -- Flexible prices -- Part 2: An introduction to the economics of uncertainty -- Preliminaries -- Does insurance require risk aversion? -- Asset prices and the Lucas' "tree model" -- Part 3: An introduction to uncertain and sequential trade )UST( -- Real models -- A monetary model -- Limited participation, sticky prices, and UST: a comparison -- Inventories and business cycle -- Money and credit in the business cycle -- Evidence from micro data -- The Friedman rule in UST model -- Sequential international trade -- Endogenous information and externalities -- Search and contracts.