Instructor's manual for Money: theory and practice /
General Material Designation
[Book]
First Statement of Responsibility
Jin Cao, Gerhard Illing.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Cham :
Name of Publisher, Distributor, etc.
Springer,
Date of Publication, Distribution, etc.
2019.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (218 pages)
SERIES
Series Title
Springer Texts in Business and Economics Ser.
GENERAL NOTES
Text of Note
4.2.1 Sticky Price Models: The Policy Implication
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references.
CONTENTS NOTE
Text of Note
Intro -- Contents -- Part I Money and Equilibrium in the Long Run -- 1 Long Run Growth: The Basic Framework -- 1.1 Exercises -- 1.1.1 Short Review Questions -- 1.1.2 Dynamic Optimization in Infinite Horizon -- 1.1.3 Application of Dynamic Optimization in Economic Growth: Ramsey Model -- 1.1.4 Dynamic Optimization in Continuous Time -- 1.1.5 Stochastic Optimization: Asset Pricing -- 1.1.6 Stochastic Optimization: Permanent Income Hypothesis -- 1.1.7 Asset Pricing: The Lucas Tree -- 1.1.8 The Equity Premium Puzzle -- 1.1.9 Dixit-Stiglitz Indices for Continuous Commodity Space
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1.1.10 Menu Cost and Nominal Price Rigidity -- 1.2 Solutions for Selected Exercises -- 1.2.1 Dynamic Optimization in Discrete Time -- 1.2.2 Application of Dynamic Optimization in Growth Theory: Ramsey Model -- 1.2.3 Dynamic Optimization in Continuous Time -- 1.2.4 Stochastic Optimization: Asset Pricing -- 1.2.5 Stochastic Optimization: Permanent Income Hypothesis -- 1.2.6 Asset Pricing: The Lucas Tree -- 1.2.7 The Equity Premium Puzzle -- 1.2.8 Dixit-Stiglitz Indices for Continuous Commodity Space -- 1.2.9 Menu Cost and Nominal Price Rigidity -- References -- 2 Money and Long Run Growth
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2.1 Exercises -- 2.1.1 Short Review Questions -- 2.1.2 Seigniorage and Inflation -- 2.1.3 Money in the Utility: The Steady State -- 2.1.4 Money in the Utility: The Dual Form -- 2.1.5 Cash-in-Advance Models of Money Demand -- 2.1.6 Cost of Inflation and Optimal Monetary Policy -- 2.1.7 Overlapping Generations with Money -- 2.2 Solutions for Selected Exercises -- 2.2.1 Seigniorage and Inflation -- 2.2.2 Money in the Utility: The Steady State -- 2.2.3 Money in the Utility: The Dual Form -- 2.2.4 Cash-in-Advance Models of Money Demand -- 2.2.5 Cost of Inflation and Optimal Monetary Policy
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2.2.6 Overlapping Generations with Money -- References -- 3 Interaction Between Monetary and Fiscal Policy: Active and Passive Monetary Regimes -- 3.1 Exercises -- 3.1.1 Short Review Questions -- 3.1.2 Public Sector Budget and Seignorage -- 3.1.3 Sustainability of Government Debt in a Monetary Economy -- 3.1.4 Sustainability of Debt in a Small Open Economy -- 3.1.5 Sustainability of Government Debt -- 3.2 Solutions for Selected Exercises -- 3.2.1 Public Sector Budget and Seignorage -- 3.2.2 Sustainability of Government Debt in a Monetary Economy
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3.2.3 Sustainability of Debt in a Small Open Economy -- 3.2.4 Sustainability of Government Debt -- Part II Monetary Policy in the Short Run -- 4 New Keynesian Macroeconomics -- 4.1 Exercises -- 4.1.1 Short Review Questions -- 4.1.2 Sticky Price Models: The Policy Implication -- 4.1.3 Staggered Price Setting: The Driving Forces -- 4.1.4 Price Setting with Differentiated Goods -- 4.1.5 Monopolistic Competition, Catalogue Cost, and Monetary Policy -- 4.1.6 Monopolistic Competition, Aggregate Demand Externalities, and Sticky Price -- 4.2 Solutions for Selected Exercises
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SUMMARY OR ABSTRACT
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This instructor's manual complements the textbook "Money: Theory and Practice," which provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The manual provides teachers with exercises and examples that reflect 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.--
ACQUISITION INFORMATION NOTE
Source for Acquisition/Subscription Address
Springer Nature
Stock Number
com.springer.onix.9783030236182
OTHER EDITION IN ANOTHER MEDIUM
Title
Instructor's Manual for Money: Theory and Practice.