Money: Theory and Practice

• Main Authors: Cao, Jin (Author, http://id.loc.gov/vocabulary/relators/aut), Illing, Gerhard (http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Series: Springer Texts in Business and Economics,
• Subjects: Macroeconomics.; Finance, Public.; Economic theory.; Macroeconomics/Monetary Economics//Financial Economics.; Public Finance.; Economic Theory/Quantitative Economics/Mathematical Methods.

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 r...

Table of Contents:

• Money and Equilibrium in the Long Run: Long Run Growth - The Basic Framework
• Money and Long Run Growth
• Interaction Between Monetary and Fiscal Policy: Active and Passive Monetary Regimes
• Monetary Policy in the Short Run: New Keynesian Macroeconomics
• Optimal Monetary Policy
• Monetary Policy Under Uncertainty
• The Liquidity Trap: Limits for Monetary Policy at the Effective Lower Bound
• Unconventional Monetary Policy, Financial Frictions and Crises: Monetary Policy in Practice
• Financial Frictions and Monetary Policy
• Monetary Policy and Financial Stability. .