A course in monetary economics sequential trade, money, and uncertainty /

Bibliographic Details
Main Author: Eden, Benjamin.
Corporate Author: ProQuest (Firm)
Format: Electronic eBook
Language:English
Published: Malden, MA : Blackwell Pub., 2005.
Subjects:
Online Access:Click to View
Table of Contents:
  • Overview
  • Money in the utility function
  • The welfare cost of inflation in a growing economy
  • Government
  • More explicit models of money
  • Optimal fiscal and monetary policy
  • Money and the business cycle: does money matter?
  • Sticky prices in a demand-satisfying model
  • Sticky prices with optimal quantity choices
  • Flexible prices
  • Part 2: An introduction to the economics of uncertainty
  • Preliminaries
  • Does insurance require risk aversion?
  • Asset prices and the Lucas' "tree model"
  • Part 3: An introduction to uncertain and sequential trade (UST)
  • Real models
  • A monetary model
  • Limited participation, sticky prices, and UST: a comparison
  • Inventories and business cycle
  • Money and credit in the business cycle
  • Evidence from micro data
  • The Friedman rule in UST model
  • Sequential international trade
  • Endogenous information and externalities
  • Search and contracts.