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Handbook of Monetary Economics, Vol. 1 (Handbooks in Economics, No. 8)
 
 
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Handbook of Monetary Economics, Vol. 1 (Handbooks in Economics, No. 8) [Hardcover]

Benjamin M. Friedman (Editor), F.H. Hahn (Editor)

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Book Description

0444880259 978-0444880253 November 27, 1990
Due to the fundamental two-way interaction between the theoretical and the empirical aspects of monetary economics, together with the relationship of both to matters of public policy, any organization of material comprehensively spanning the subject is bound to be arbitrary. The 23 surveys commissioned for this Handbook have been arranged in a way that the editors feel reflects some of the most important logical divisions within the field and together they present a comprehensive account of the current state of the art. The Handbook is an indispensable reference work which should be part of every professional collection, and which makes ideal supplementary reading for graduate economics students on advanced courses.

For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes


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Editorial Reviews

Review

In the emerging tradition of the Handbooks in Economics, these two volumes offer a formidable array of contributions to the field which they survey..........an indispensable starting-point for graduate students and research workers who need a detailed guide to the state of monetary economics in the late 1980s.

The Economic Journal
....the two volumes would be regarded as invaluable additions to the literature.
Economic of Planning
...in many ways the most important publication to date in this branch of our subject.......On some topics it is easily the best writing available, combining a careful exposition of central ideas, with firm and persuasive judgements about what is correct and important.

Journal of Economic Surveys
Even at the hardcover price, the two volumes we now have represent very good value for money.

The Economic Record

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Inside This Book (learn more)
First Sentence:
Of the three commonly acknowledged roles that money plays - unit of account, store of value and medium of exchange - it is in the last role as a facilitator of transactions, or essential lubricant to the mechanism of exchange, that money first comes to our attention. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
efficient portfolio set, fixprice equilibria, general equilibrium trading plan, sequence economy model, money stock determination, spanning portfolios, hyperinflationary equilibria, static maximizer, time deposit ratio, strategic market game, hank liabilities, objective demand curves, subjective demand curves, money supply mechanism, intertemporal maximizer, valued fiat money, interest semielasticity, monetary equilibria, random variable return, spanning theorems, variance hounds, anticipated price level, holding period rate, riskless security, pure securities
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, United States, American Economic Review, Review of Economic Studies, Journal of Finance, Journal of Monetary Economics, Quarterly Journal of Economics, University of Chicago, Journal of Financial Economics, Cambridge University Press, International Economic Review, Department of Economics, Journal of Business, Academic Press, Cowles Foundation, University of Pennsylvania, Brookings Papers, Elsevier Science Publishers, Journal of Mathematical Economics, Discussion Paper, Western Economic Journal, New Haven, University of California, Basil Blackwell, Columbia University
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