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Instructor's Manual for Money: Theory and Practice: Springer Texts in Business and Economics

Autor Jin Cao, Gerhard Illing
en Limba Engleză Paperback – 2 ian 2020
This instructor’s manual complements the textbook Money: Theory and Practice which provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The manual provides teachers with exercises and examples that reflect both the core New Keynesian model and recent advances, taking into account financial frictions, and discusses recent research on an intuitive level based on simple static and two-period models.


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Specificații

ISBN-13: 9783030236175
ISBN-10: 303023617X
Pagini: 220
Ilustrații: IX, 219 p. 19 illus., 11 illus. in color.
Dimensiuni: 155 x 235 mm
Greutate: 0.33 kg
Ediția:1st ed. 2019
Editura: Springer International Publishing
Colecția Springer
Seria Springer Texts in Business and Economics

Locul publicării:Cham, Switzerland

Cuprins

Part I: Money and Equilibrium in the Long Run.- Long Run Growth: The Basic Framework.- Money and Long Run Growth.- Interaction Between Monetary and Fiscal Policy: Active and Passive Monetary Regimes.- Part II: Monetary Policy in the Short Run.- New Keynesian Macroeconomics.- Optimal Monetary Policy.- Monetary Policy Under Uncertainty.- The Liquidity Trap: Limits for Monetary Policy at the Effective Lower Bound.- Part IIIUnconventional Monetary Policy, Financial Frictions and Crises.- Monetary Policy in Practice.- Financial Frictions and Monetary Policy.- Monetary Policy and Financial Stability.- Appendix: Dynamic Optimization Using Lagrangian and Hamiltonian Methods.- Dynamic Programming.   





Notă biografică

Jin Cao is a research economist in Norges Bank, the Central Bank of Norway. He holds a PhD in economics from Ludwig Maximilians University of Munich, Germany. His research focuses on banking and finance, monetary economics, economics and institutions. 

Gerhard Illing holds the chair in macroeconomics at the Ludwig Maximilian University in Munich, Germany. Previously, he was Professor at the University of Bamberg, Germany from 1993 -1995 and at the Goethe University Frankfurt, Germany from 1995 - 2001. His research focuses on monetary theory, financial stability, systemic risk and lender of last resort policy. He has written several books on macroeconomics, monetary theory and game theory.  

Textul de pe ultima copertă

This instructor’s manual complements the textbook “Money: Theory and Practice," which provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The manual provides teachers with exercises and examples that reflect both the core New Keynesian model and recent advances, taking into account financial frictions, and discusses recent research on an intuitive level based on simple static and two-period models.


Caracteristici

Provides assistance in teaching monetary economics and policies Offers a pedagogic approach, as well as questions and answers for the classroom Gives useful guidelines to instructors in using the textbook Money:Theory and Practice