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Instructor’s Manual for Money: Theory and Practice
ISBN-13:
9783030236182
Veröffentl:
2019
Seiten:
219
Autor:
Jin Cao
Serie:
Springer Texts in Business and Economics
eBook Typ:
PDF
eBook Format:
EPUB
Kopierschutz:
1 - PDF Watermark
Sprache:
Englisch
Beschreibung:
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.
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 III: Unconventional 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.
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