This upper-level undergraduate textbook, now in its second editon, approaches monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles, the authors aim to instruct students not only in existing monetary policies and institutions but also in what policies and institutions may or should exist in the future. The text builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. The authors have added in this second edition new material on speculative attacks on currencies, social security, currency boards, central banking alternatives, the payments system, and the Lucas model of price surprises. Discussions of many topics have been extended, presentations of data greatly expanded, and new exercises added.
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书还是很不错的，各种伟大的模型。
评分短评下面各种我院学长学姐???? 希望lwl明天不要挂我好吗。key takeaways：用到天黑的OLG model和它的各种extended版本，神tm的Lucas model以及在consistency/inconsistency两种情况下的social loss function model（告诉我们commitment总是比discretion要强????），asymmetric information model的贝叶斯公式仿佛就是在逗我… banking部分三阶段模型，liquidation management model，AS-AD model和model of collateral，每一个都是r u kidding me的蜜汁难度，到了最后的新凯恩斯主义模型我已经累了…
评分清华经管大三专业课货币银行学的教材，与美国大学的Money and Banking课程很不一样，注重用数学模型的方法解释货币经济现象。印象深刻的是用模型证明了为什么联邦政府会选择一个比自己更conservative的人来担任美联储主席。
评分书还是很不错的，各种伟大的模型。
评分故事讲得很好，觉得讲银行系统的非常深入浅出
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