A course in monetary economics
Subtitle: sequential trade, money, and uncertainty
By: Benjamin Eden.
Publisher: Blackwell Pub.
Published: 2005
Place of publication: Malden, MA
Language: eng
Number of pages: 408
Subjects: Money -- Mathematical models.; Uncertainty -- Mathematical models.
Table of contents: title: Overview; title: Money in the utility function; title: The welfare cost of inflation in a growing economy; title: Government; title: More explicit models of money; title: Optimal fiscal and monetary policy; title: Money and the business cycle: does money matter?; title: Sticky prices in a demand-satisfying model; title: Sticky prices with optimal quantity choices; title: Flexible prices; title: Part 2: An introduction to the economics of uncertainty; title: Preliminaries; title: Does insurance require risk aversion?; title: Asset prices and the Lucas' "tree model"; title: Part 3: An introduction to uncertain and sequential trade (UST); title: Real models; title: A monetary model; title: Limited participation, sticky prices, and UST: a comparison; title: Inventories and business cycle; title: Money and credit in the business cycle; title: Evidence from micro data; title: The Friedman rule in UST model; title: Sequential international trade; title: Endogenous information and externalities; title: Search and contracts.