Monetary Economics - Policy and its Theoretical Basis

Contents......Page 6
List of boxes, tables and figures......Page 10
1 The Meaning of Money......Page 14
2 Definitions of Money in Economics......Page 40
3 The Money Supply Process......Page 62
4 Money Supply and Control in the UK......Page 86
5 The Theory of the Demand for Money......Page 108
6 Testing the Demand for Money......Page 144
7 The Transmission Mechanism of Monetary Policy - I......Page 184
8 The Transmission Mechanism of Monetary Policy - II......Page 220
9 The Theory of Monetary Policy......Page 256
10 The Open Economy and Monetary Policy......Page 288
11 The Evolution of Monetary Policy in the UK......Page 324
12 The Monetary Authorities and Financial Markets......Page 366
13 Monetary Policy in the European Union......Page 388
14 Monetary Policy in the USA......Page 430
Appendix 1: The IS/LM model......Page 458
Appendix II: The Term Structure of Interest Rates......Page 472
Endnotes......Page 477
References......Page 487
Index......Page 516