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Money, Prices and the Real Economy

Edited by Geoffrey Wood
Format: Paperback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 28th Aug 2007
Dimensions: w 234mm h 156mm d 20mm
Weight: 211g
ISBN-10: 1847206735
ISBN-13: 9781847206732
Barcode No: 9781847206732
Synopsis
This book sets out, in straightforward, accessible terms, crucial aspects of monetary economics. It opens with an exposition of the fundamental question of what money is and what it does. Distinguished contributors then examine the key role of price stability and how to achieve it. Core issues addressed include: * an examination of the long run effect of money on prices * an analysis of the complex and variable relationship between money and fluctuations in the real economy * an investigation of inflation and its dangerous consequences * an analysis of the effect of regulation on the stability of financial systems in developed and developing countries * the relationship between the money supply regime and economic performance * the effect of monetary fluctuations on the interest rate * the choice of targets for monetary policy. This book will be extremely useful to practising economists, students and scholars of financial and monetary economics.

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