A comprehensive overview of advanced monetary economics integrating thepresentation of monetary theory with empirical formulations and their empiricaltests. Unl... » 

A comprehensive overview of advanced monetary economics integrating thepresentation of monetary theory with empirical formulations and their empiricaltests. Unlike most texts this book brings together in a single unified sourcethe core areas of monetary economics. Key features include crosscountry comparison of central banking in the US UK and developingcountries theories and empirical studies on money demand including precautionary andbuffer stock models and monetary aggregation detailed comparison of Keynesian and modern classical macroeconomictheoretical and policy models a focus on the role of money and financial institutions and growth. «