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Money and the Economy

Money and the Economy
Issues in Monetary Analysis

Part of Raffaele Mattioli Lectures

  • Date Published: August 1997
  • availability: Available
  • format: Paperback
  • isbn: 9780521599740

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About the Authors
  • This volume, by two eminent monetarist economists, offers a unique perspective on a key issue of monetary economics: the effect of money on output. Karl Brunner and Allan Meltzer address the theoretical aspects of this issue with the purpose of understanding their policy implications. They offer an historical overview of the relationship between money and output, and then go on to present a model of a monetary economy before examining the real sector. The theme of the final lecture is uncertainty and the costs of acquiring information.

    • Offers a unique perspective on a key issue of monetary economics: the effect of money on output
    • An historical overview of the development of monetary economics, with emphasis on recent developments
    • These lectures are the last product of the long and fruitful collaboration between Karl Brunner and Allan Meltzer
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    Reviews & endorsements

    "It is a major work, a fitting summing-up of all those years of research, experience, and debate in many forums. In four lectures, the authors provide the best comprehensive statement of monetarism that we are likely to get." Journal of Economic Literature

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    Product details

    • Date Published: August 1997
    • format: Paperback
    • isbn: 9780521599740
    • length: 412 pages
    • dimensions: 229 x 152 x 23 mm
    • weight: 0.76kg
    • contains: 16 tables
    • availability: Available
  • Table of Contents

    Preface
    1. A review of the issues
    2. The monetary mechanism: markets for assets
    3. Fiscal policy, prices and wages, unemployment and related issues
    4. Monetary policy: problems and potential
    Discussion
    Comments.

  • Authors

    Karl Brunner, University of Rochester, New York

    Allan H. Meltzer, Carnegie Mellon University, Pennsylvania

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