Money, Interest, and Policy: Dynamic General Equilibrium in a Non-Ricardian World
"This book is a gem. Bénassy has managed the tour de force of presenting concisely the current debate on monetary policy, and of taking it into the little-explored territory of non-Ricardian models. He writes with his usual crispness and sharpness, and the reader comes out of the book's ten chapters wanting to learn more."--Philippe Weil, European Centre for Advanced Research in Economics and Statistics, Université Libre de Bruxelles"Christian Gollier, one of the foremost contemporary researchers on the economics of uncertainty, has written an instant classic. This path-breaking book weaves with dazzling mastery the common thread of the economics of risk and time through microeconomic theory, macroeconomics, and finance. This is a feat no one has accomplished before. This book is therefore a must read for a broad audience: graduate students in economics and finance, advanced undergraduates, and researchers will all find it a source of knowledge and inspiration."--Philippe Weil, European Centre for Advanced Research in Economics and Statistics, Université Libre de Bruxelles