Skip to main content
SpringerLink
Log in
Palgrave Macmillan

Monetary Theory as a Basis for Monetary Policy

  • Book
  • © 2001

Overview

Editors:
  1. Axel Leijonhufvud

    1. University of Trento, Italy

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

Part of the book series: International Economic Association Series (IEA)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (7 chapters)

  1. Front Matter

    Pages i-xvi
    Download chapter PDF

  2. Monetary Theory and Central Banking

    1. Monetary Theory and Central Banking

      • Axel Leijonhufvud
      Pages 1-30

  3. Intertemporal General Equilibrium

    1. Front Matter

      Pages 31-31
      Download chapter PDF

    2. Intertemporal General Equilibrium and Monetary Theory

      • Jacques H. Drèze, Heracles M. Polemarchakis
      Pages 33-71

    3. The Fiscal Theory of Money as an Unorthodox Financial Theory of the Firm

      • Ramon Marimon
      Pages 72-95

    4. Inflation and Welfare

      • Robert E. Lucas Jr
      Pages 96-142

  4. Monetary and Financial Instability

    1. Front Matter

      Pages 143-143
      Download chapter PDF

    2. Business Cycles in a Financially Deregulated America

      • Albert M. Wojnilower
      Pages 145-172

    3. Learning about Trends: Spending and Credit Fluctuations in Open Economies

      • Daniel Heymann, Martin Kaufman, Pablo Sanguinetti
      Pages 173-214

    4. Monetary Policy and the Macroeconomics of ‘Soft’ Growth

      • Jean-Paul Fitoussi
      Pages 215-254

  5. Back Matter

    Pages 255-271
    Download chapter PDF
Back to top

Keywords

About this book

Since the inflationary 1970s, theoretical work on monetary policy has concentrated almost exclusively on price-level stabilization and the avoidance of nominal shocks. In the aftermath of the collapse of financial bubbles in various parts of the world, the accomplishments and limitations of this dominant approach are debated in this volume edited by Axel Leijonhufvud, with contributions by a number of noted monetary economists, including Nobel Laureate Robert Lucas.

Editors and Affiliations

  • University of Trento, Italy

    Axel Leijonhufvud

About the editor

JACQUES DRÈZE CORE, Catholic University of Louvain, Belgium JEAN-PAUL FITOUSSI Institut d'Études Politiques de Paris, France JEAN-LUC GAFFARD University of Nice Sophia-Antipolis, France JEAN-MICHEL GRANDMONT CREST, Centre National de la Recherche Scientifique, Paris, France SEPPO HONKAPOHJA University of Helsinki, Finland LARS JONUNG Stockholm School of Economics, Sweden DAVID LAIDLER University of Western Ontario, Canada ROBERT LUCAS University of Chicago, USA RAMON MARIMON European University Institute, Florence, Italy JACQUES MÉLITZ Centre de Recherche en Economie et Statistique, Paris, France HERACLES POLEMARCHAKIS Catholic University of Louvain, Belgium PIER LUIGI SACCO University of Bologna, Italy HANS-WERNER SINN University of München, Germany ERICH STREISSLER Institut für Wirtschaftwissenschaft, Universität, Austria JUAN URRUTIA Universidad Carlos III, Madrid, Spain ALBERT WOJNILOWER The Clipper Group, New York, USA

Bibliographic Information

Publish with us

Policies and ethics

Back to top

Search

Navigation