ISBN:
9781035305834
Language:
English
Pages:
1 Online-Ressource (xxvii, 411 pages)
,
illustrations
Series Statement:
Economists of the twentieth century
Parallel Title:
Erscheint auch als
Parallel Title:
Elektronische Reproduktion von Meltzer, Allan H., 1928 - 2017 Money, credit and policy
DDC:
332.4
Keywords:
Money
;
Credit
;
Monetary policy
Abstract:
Money and credit are key themes of Allan H. Meltzer's ground-breaking work which is celebrated in this outstanding collection of his essays and papers. Money, Credit and Policy covers the demand for money, the relation of money to output, the role of credit and debt, regulation of financial institutions, the influence of uncertainty and macroeconomic policy. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume includes Meltzer's early work on the demand for money - in which he suggested that the much-discussed instability of the demand for money arises from the use of Keynesian demand equations - as well as his recent contributions on trade, credit and intermediation. Among the many important papers featured in this volume, there is an analysis of why the Federal Reserve of the 1930s persisted in its deflationary policy stance for years, despite its effects, and a discussion of the limits of stabilization policy. The concluding section considers the effects of uncertainty and the reasons for the rise and fall of the dollar during the 1980s, reflecting Meltzer's continuing interest in practical policy issues
Description / Table of Contents:
Contents: Introduction -- Part I: the demand for money -- Part II: money supply and output -- Part III: credit and money -- Part IV: financial regulation -- Part V: uncertainty -- Part VI: macro policy -- Index.
Note:
Includes bibliographical references and index
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
