Towards a New Paradigm in Monetary Economics

(Part of the Raffaele Mattioli Lectures Series)

by Joseph E. Stiglitz, Bruce C. Greenwald, Bruce Greenwald

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Expanding upon the literature of new institutional economics, the first part of this study stresses the significance of imperfections in information, bankruptcy and banks. The second part examines the policy implications of the new paradigm emphasizing loanable fund demand and supply, and demonstrates its relevance to our understanding of two recent historical episodes--the East Asian financial crisis and the 1991 U.S. recession and subsequent recovery...

Format:Hardcover

Language:English

ISBN:0521810345

ISBN13:9780521810340

Release Date:October 2003

Publisher:Cambridge University Press

Length:344 Pages

Weight:1.10 lbs.

Dimensions:1.0" x 5.5" x 8.5"

Related Subjects

Banking Banks & Banking Business Business & Finance Business & Investing Economics Industries & Professions International Macroeconomics Money & Monetary Policy Popular Economics

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Towards a New Paradigm in Monetary Economics

(Part of the Raffaele Mattioli Lectures Series)

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