Monetary policy within the IS-LM framework / / Shahdad Naghshpour.
The majority of economists, would admit that money is powerful and that changes in money will impact the economy, to some extent and most of the time. Monetary theory analyzes and determines how changes in the supply of money affect the economy. The collection of policies that use monetary tools is...
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| Superior document: | Economics collection, |
|---|---|
| VerfasserIn: | |
| Place / Publishing House: | New York, New York (222 East 46th Street, New York, NY 10017) : : Business Expert Press,, 2014. |
| Year of Publication: | 2014 |
| Edition: | First edition. |
| Language: | English |
| Series: | 2013 digital library.
Economics collection. |
| Online Access: | |
| Physical Description: | 1 online resource (141 pages) |
| Notes: | Part of: 2013 digital library. |
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Table of Contents:
- Section I. Background and fundamental theories
- 1. A brief history of monetary theory
- 2. Politics and monetary policy
- 3. Two blades are better than one: the role of IS- LM
- 4. The role of velocity in monetary policy
- Section II. Monetary theory and related issues
- 5. Keynes' view of monetary policy
- 6. Friedman and modern quantity theory
- 7. Discretionary policies
- Section III. Schools of thought in monetary theory
- 8. Austrian school
- 9. Rational expectations hypothesis
- 10. Inflation targeting
- Section IV. The evidence
- 11. Empirical evidence supporting monetary policy
- 12. Conclusion
- Glossary
- Notes
- References
- Index.