Business Cycles and Equilibrium
- Basil Blackwell, 1987
- 180
Value to students of macroeconomics as well as those of finance and the international economy. Introduction, Banking and Interest Rates in a World Without Money: The Effects of Uncontrolled Banking, Active and Passive Monetary Policy in a Neoclassical Model, Rational Economic Behavior and the Balance of Payments, Uniqueness of the Price Level in Monetary Growth Models with Rational Expectations, Purchasing Power Parity in a Equilibrium Model, Ups and Downs in Human Capital and Business, How Passive Monetary Policy Might Work, What a Non-Monetarist Thinks, Global Monetarism in a World of National Currencies, The ABCs of Business Cycles, A Gold Standard with Double Feedback and Near Zero Reserves, The Trouble with Econometric Models, General Equilibrium and Business Cycles, Noise, Index.