Modeling monetary economies /
Основен автор: | Champ, Bruce. |
---|---|
Други автори: | Freeman, Scott. |
Формат: | Електронна книга |
Език: | English |
Публикувано: |
Cambridge [England] ; New York :
Cambridge University Press,
2001.
|
Издание: | 2nd ed. |
Предмети: | |
Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=112524 |
Подобни документи: |
Print version::
Modeling monetary economies. |
Съдържание:
- Cover
- Half-title
- Title
- Copyright
- Contents
- Preface
- Part I Money
- Chapter 1 A Simple Model of Money
- Building a Model of Money
- The Environment
- Preferences
- The Economic Problem
- Feasible Allocations
- Decentralized Solutions
- Finding the Demand for Fiat Money
- Is This Monetary Equilibrium the Golden Rule?
- A Monetary Equilibrium with a Growing Economy
- Summary
- Exercises
- Appendix: Using Calculus
- Chapter 2 Barter and Commodity Money
- A Model of Barter
- What Should be Used as Money?
- A Model of Commodity Money
- Summary
- Exercises
- Chapter 3 Inflation
- A Growing Supply of Fiat Money
- Financing Government Purchases
- The Limits to Seigniorage
- Summary
- Exercises
- Appendix: Equilibrium Consumption Is at the Edge of the Feasible Set
- Chapter 4 International Monetary Systems
- A Model of International Exchange
- Foreign Currency Controls
- The Indeterminacy of the Exchange Rate
- Fixing the Exchange Rate
- The Optimal International Monetary System
- Summary
- Exercises
- Chapter 5 Price Surprises
- The Data
- Expectations and the Neutrality of Money
- The Lucas Critique of Econometric Policy Evaluation
- Optimal Policy
- Summary
- Exercises
- Appendix: A Proof by Contradiction
- Part II Banking
- Chapter 6 Capital
- Capital
- Rate-of-Return Equality
- Can Fiat Money Coexist with Another Asset?
- When Fiat Money and Other Assets Are Not Substitutes
- Risk
- Summary
- Exercises
- Appendix A: A Model of Private Debt
- Appendix B: The Golden Rule Capital Stock
- Chapter 7 Liquidity and Financial Intermediation
- Money as a Liquid Asset
- The Business of Banking
- Summary
- Exercises
- Appendix
- Chapter 8 Central Banking and the Money Supply
- Legal Restrictions on Financial Intermediation
- Reserve Requirements
- Central Bank Lending
- Summary
- Exercises
- Chapter 9 Money Stock Fluctuations
- The Correlation Between Money and Output
- A Model of Currency and Deposits
- Linking Output and the Money Multiplier
- Anticipated Inflation and Output Revisited
- Summary
- Appendix: The Money Supply with Reserves and Currency
- Chapter 10 Fully Backed Central Bank Money
- Paying Interest on Money
- Another Look at the Quantity Theory
- Deflation
- Currency Boards
- Summary
- Exercises
- Appendix: Price Level Indeterminacy
- Chapter 11 The Payments System
- A Model of the Clearing of Debt
- Institutions for the Clearing of Debt
- Providing Liquidity
- A Potential for an Inflationary Overissue of Bank Notes
- The Short-Term Interest Rate
- Summary
- Chapter 12 Bank Risk
- Demand Deposit Banking
- Bank Runs
- Preventing Panics
- Bank Failures
- The Moral Hazard of Deposit Insurance
- The Importance of Capital Requirements
- Summary
- Exercises
- Part III Government Debt
- tidtid1592.