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Monetary theory and policy : proceedings of the Fourth International Conference on Monetary Economics and Banking held in Aix-en-Provence, France, June 1987 /

The papers collected in this volume provide new insights into some important problems of monetary theory and contribute significantly to the development of a new area based on monetary policy games. In Part I the reader will find new results on some specific topics of monetary theory, which are of g...

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Bibliographic Details
Corporate Authors: International Conference on Monetary Economics and Banking Aix-en-Provence, France, SpringerLink (Online service)
Other Authors: Laussel, Didier, Marois, William, Soubeyran, Antoine
Format: Conference Proceeding eBook
Language:English
Published: Berlin ; New York : Springer, [1988]
Series:Studies in contemporary economics.
Subjects:
Money > Congresses.
Monetary policy > Congresses.
Monnaie, théorie de la > Congrès.
Politique monétaire > Congrès.
Geldpolitik.
Spieltheorie.
Geldtheorie.
Aix-en-Provence <1987>.
Monetary policy.
Money.
Electronic books.
Conference proceedings.
Online Access:Connect to the full text of this electronic book
Description
Summary:The papers collected in this volume provide new insights into some important problems of monetary theory and contribute significantly to the development of a new area based on monetary policy games. In Part I the reader will find new results on some specific topics of monetary theory, which are of growing importance in contemporary literature: the role of expectations in models, the trade-off between inflation and unemployment, credit contracts under imperfect information, and money supply. The papers in Part II are concerned with the game theoretic approach to monetary policy making: the time inconsistency problem is revisited in different frameworks using for instance repeated game theory, and coordination between fiscal and monetary policy is studied as a game between the Treasury and the Central Bank.
Item Description:Electronic resource.
Physical Description:1 online resource (xviii, 383 pages) : illustrations.
Format:Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:Includes bibliographical references.
ISBN:9783642741043 (electronic bk.)
3642741045 (electronic bk.)