Towards a new paradigm in monetary economics
By: Joseph Stiglitz and Bruce Greenwald.
Contributors: Greenwald, Bruce C. N., 1946-
Series: The Raffaele Mattioli lectures series; Raffaele Mattioli lectures.
Publisher: Cambridge University Press
Published: 2003
Place of publication: Cambridge, U.K; New York
Language: eng
Number of pages: 327
Subjects: Money.; Monetary policy.; Banks and banking.
Description: "Expanding upon the literature of new institutional economics, the first part of this study stresses the significance of imperfections in information, bankruptcy and banks. The second part examines the policy implications of the new paradigm emphasizing loanable fund demand and supply, and demonstrates its relevance to our understanding of two recent historical episodes--the East Asian financial crisis and the 1991 U.S. recession and subsequent recovery and boom." http://www.loc.gov/catdir/description/cam051/2004299948.html.
Notes: Includes bibliographical references (p. 303-319) and index.