A course in monetary economics :
Eden, Benjamin.
A course in monetary economics : sequential trade, money, and uncertainty / Benjamin Eden. - Malden, MA : Blackwell Pub., 2005. - xiv, 408 p. : ill. ; 26 cm.
Overview -- Money in the utility function -- The welfare cost of inflation in a growing economy -- Government -- More explicit models of money -- Optimal fiscal and monetary policy -- Money and the business cycle: does money matter? -- Sticky prices in a demand-satisfying model -- Sticky prices with optimal quantity choices -- Flexible prices -- Part 2: An introduction to the economics of uncertainty -- Preliminaries -- Does insurance require risk aversion? -- Asset prices and the Lucas' "tree model" -- Part 3: An introduction to uncertain and sequential trade (UST) -- Real models -- A monetary model -- Limited participation, sticky prices, and UST: a comparison -- Inventories and business cycle -- Money and credit in the business cycle -- Evidence from micro data -- The Friedman rule in UST model -- Sequential international trade -- Endogenous information and externalities -- Search and contracts.
0631215654 (cloth : alk. paper) 0631215662 (pbk. : alk. paper)
2003020730
Money--Mathematical models.
Uncertainty--Mathematical models.
HG221 / .E26 2005
332.4/01/51
A course in monetary economics : sequential trade, money, and uncertainty / Benjamin Eden. - Malden, MA : Blackwell Pub., 2005. - xiv, 408 p. : ill. ; 26 cm.
Overview -- Money in the utility function -- The welfare cost of inflation in a growing economy -- Government -- More explicit models of money -- Optimal fiscal and monetary policy -- Money and the business cycle: does money matter? -- Sticky prices in a demand-satisfying model -- Sticky prices with optimal quantity choices -- Flexible prices -- Part 2: An introduction to the economics of uncertainty -- Preliminaries -- Does insurance require risk aversion? -- Asset prices and the Lucas' "tree model" -- Part 3: An introduction to uncertain and sequential trade (UST) -- Real models -- A monetary model -- Limited participation, sticky prices, and UST: a comparison -- Inventories and business cycle -- Money and credit in the business cycle -- Evidence from micro data -- The Friedman rule in UST model -- Sequential international trade -- Endogenous information and externalities -- Search and contracts.
0631215654 (cloth : alk. paper) 0631215662 (pbk. : alk. paper)
2003020730
Money--Mathematical models.
Uncertainty--Mathematical models.
HG221 / .E26 2005
332.4/01/51