| 书目名称 | Money: Theory and Practice |
| 编辑 | Jin Cao,Gerhard Illing |
| 视频video | |
| 概述 | Offers an accessible approach to the state-of-art New Keynesian framework for monetary policy analysis.Presents a highly technical framework on an intuitive level based on simple static and two-period |
| 丛书名称 | Springer Texts in Business and Economics |
| 图书封面 |  |
| 描述 | .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 |
| 出版日期 | Textbook 2019 |
| 关键词 | Monetary Economics; New Keynesian Macroeconomics; Financial Stability; Monetary Policy; Macroprudential |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-030-19697-4 |
| isbn_softcover | 978-3-030-19699-8 |
| isbn_ebook | 978-3-030-19697-4Series ISSN 2192-4333 Series E-ISSN 2192-4341 |
| issn_series | 2192-4333 |
| copyright | Springer Nature Switzerland AG 2019 |
发表于 2025-3-21 18:38:31
