Eden, Benjamin.

A course in monetary economics sequential trade, money, and uncertainty / [electronic resource] : Benjamin Eden. - Malden, MA : Blackwell Pub., 2005. - xiv, 408 p. : ill. ; 26 cm.

Overview -- Money in the utility function -- The welfare cost of inflation in a growing economy -- Government -- More explicit models of money -- Optimal fiscal and monetary policy -- Money and the business cycle: does money matter? -- Sticky prices in a demand-satisfying model -- Sticky prices with optimal quantity choices -- Flexible prices -- Part 2: An introduction to the economics of uncertainty -- Preliminaries -- Does insurance require risk aversion? -- Asset prices and the Lucas' "tree model" -- Part 3: An introduction to uncertain and sequential trade (UST) -- Real models -- A monetary model -- Limited participation, sticky prices, and UST: a comparison -- Inventories and business cycle -- Money and credit in the business cycle -- Evidence from micro data -- The Friedman rule in UST model -- Sequential international trade -- Endogenous information and externalities -- Search and contracts.


Electronic reproduction.
Palo Alto, Calif. :
ebrary,
2009.
Available via World Wide Web.
Access may be limited to ebrary affiliated libraries.






Money--Mathematical models.
Uncertainty--Mathematical models.


Electronic books.

HG221 / .E26 2005eb

332.4/01/51