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Modern Monetary Theory

A Critical Survey of Recent Developments

By (author) Hans Visser
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 26th Sep 1991
Dimensions: w 156mm h 234mm d 20mm
Weight: 500g
ISBN-10: 1852780924
ISBN-13: 9781852780920
Barcode No: 9781852780920
In the aftermath of the debates between Keynesians and monetarists, this book provides an overview of the most recent developments in monetary theory. Professor Visser provides an up-to-date survey including major issues such as crowding out, the new classical macroeconomics, the breakdown of the stable money demand function, buffer stocks and currency substitution. The book covers both issues such as problems of monetary union, the proposed denationalization of money as advocated by Hayek as well as theoretical issues such as the search for the microfoundations of monetary theory. The book provides a survey of developments at the frontiers of monetary theory.

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