Monetary Economics

<p>A comprehensive overview of advanced monetary economics integrating the presentation of monetary theory with empirical formulations and their empirical tests. Unlike most texts this book brings together in a single unified source the core areas of monetary economics. Key features include:<br>* cross-country comparison of central banking in the US UK and developing countries<br>* theories and empirical studies on money demand including precautionary and buffer stock models and monetary aggregation<br>* detailed comparison of Keynesian and modern classical macroeconomic theoretical and policy models<br>* a focus on the role of money and financial institutions and growth.</p>