Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Money: Theory and Practice

Money: Theory and Practice

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783030196967
Condition
New
Product 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.

Available Colors
Available Sizes
1 Offer Price Range: $49.99 - $49.99
BEST PRICE

Single Product Purchase

$49.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$49.99 $49.99

$49.99
See Site In stock Visit Store

Similar Products

The MassGeneral Hospital for Children Adolescent Medicine Handbook

$69.99

Marktorientierter Unternehmenswandel

$59.99

Pro ASP.NET Core Identity

$54.99

Progress in Anti-Cancer Chemotherapy

$39.99

Media Parasites in the Early Avant-Garde

$39.99

Wechselkurse und globale Ungleichgewichte

$59.99

The Reorientation of Higher Education

$109.99

Narratives of Statelessness and Political Otherness

$159.99

Design of Speech-based Devices

$54.99

Long Continental Records from Lake Baikal

$84.99

The History of Fatherhood in Norway, 18502012

$39.99

The Triune Brain in Evolution

$449.99

Depression, Angst und traumatischer Stress in der Chirurgie

$99.00

Rechtliche Konsequenzen des Einsatzes von ISDN

$69.99

Yearbook of Intensive Care and Emergency Medicine 1993

$109.99

Natural Locomotion in Fluids and on Surfaces

$109.99

AI-enabled Spectrum Sharing

$44.99

Geometric Modelling

$54.99

Local Site Effects and Ground Failures

$219.99

Diffusion and Transport of Pollutants in Atmospheric Mesoscale Flow Fields

$169.99

BWL fr Fhrungskrfte

$69.99

Geochemistry of Organic Matter in the Ocean

$109.99

Process Analytical Chemistry

$219.99

Integrationsmanagement

$79.99

Frderung erneuerbarer Energietrger in der Stromerzeugung

$74.99

Databases on Modern Hardware

$37.99

Appropriate Dispute Resolution in Comparative Perspectives

$159.99

Insolvenzrecht - Schnell erfasst

$29.99

Applied Cryptography and Network Security

$89.00

The Taxobook

$29.99

Interaction of Immune and Cancer Cells

$199.99

Planning and Architectural Design of Integrated Services Digital Networks

$219.99

Police Leadership

$54.99

Kinematic Modeling, Identification, and Control of Robotic Manipulators

$129.00

Mycotoxins, Wood Decay, Plant Stress, Biocorrosion, and General Biodeterioration

$219.99

Proceedings in Echo-Encephalography

$84.99

Moralentwicklung von Kindern und Jugendlichen

$59.99

Automation, Communication and Cybernetics in Science and Engineering 2011/2012

$169.99

Can the Welfare State Compete?

$109.99

Kolben- und Turbo-Kompressoren

$84.99