Synopses & Reviews
This book provides a collection of essays by leading economists in honour of David Laidler's contributions to the field of macroeconomics, with important essays on central banking, monetary policy implementation, inflation targeting, monetary theory, monetary framework debates, and the mathematical theory of banking.
Synopsis
Preface Foreword Interview Biographical Sketches David Laidler on Monetarism David Laidler's Contributions to the History of Monetary Economics Laidler's Monetarism What is Good Government? David Laidler's Views Milton Friedman Tradeoffs in Monetary Policy From Money Targeting to Inflation Targeting: The Change in the Role of Money in the Conduct of Monetary Policy Monetary Institutions and Monetary Theory: Reflections on the History of Monetary Economics Monetary Policy Implementation: A Microstructure Approach Monetarism and Market Clearing Less Than an Ideal Type: Varieties of Real Bills Doctrines Hans Neisser's Views on Money and Structural Change, and Modern 'Quantity Theory' Implications Harry Johnson, Keynes and Keynesian Economics Hawtreyan 'Credit Deadlock' or Keynesian 'Liquidity Trap'? Lessons for Japan from the Great Depression
Synopsis
This book provides a collection of essays by leading economists in honor of David Laidler's contributions to the field of macroeconomics.
About the Author
Robert Leeson is an Associate Professor of Economics at Murdoch University, Australia.
Table of Contents
Scholarship and Stability: Money--M.Friedman * The Future of Central Banking--C.A.Goodhart * Monetary Policy Implemenation: Models and Methods--P.Mehrling * Monetary Aggregates and Inflation Targeting Framework--C.Freedman * Money, Monetary Institutions and Monetary Theory--W.J.Samuels * Currency Union Proposals in North America and Southern Africa: Do the Same Q&A Apply?--J.C.Leith * A Hawtreyan 'Credit Deadlock' in Japan?--R.Sandilands * Less Than an Ideal Type: Varieties of Real Bills Doctrines--N.Skaggs * Revisiting Milton Friedman's Monetary Framework Debate--M.De Vroey * Hans Neisser's Views on Money and Structural Change, and Modern 'Quantity Theory' Implications--M.Trautwein * Edgeworth's Mathematical Theory of Banking--R.W.Dimand