Currency theory

Author: Chen Liping
Publisher:
Publish Date: 2003-10-01
Features: This book systematically introduces the development and main results of monetary theory from several key research areas of modern monetary theory, including money demand and money supply, the existence of monetary equilibrium, optimality, the relationship between money and economic growth and economic fluctuations, the estimation of inflation's welfare costs, and the optimal money supply. Through studying this book, readers can quickly delve into the forefront of modern monetary theory and conduct related academic research. This book is not only an advanced textbook suitable for senior undergraduate and graduate students to learn monetary theory but can also serve as a reference material for economists studying modern monetary theory. This book systematically introduces the development and main results of monetary theory from several key research areas of modern monetary theory, including money demand and money supply, the existence of monetary equilibrium, optimality, the relationship between money and economic growth and economic fluctuations, the estimation of inflation's welfare costs, and the optimal money supply. Through studying this book, readers can quickly delve into the forefront of modern monetary theory and conduct related academic research. This book is not only an advanced textbook suitable for senior undergraduate and graduate students to learn monetary theory but can also serve as a reference material for economists studying modern monetary theory.