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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考完貨銀特地前來膜拜,各種模型真的佛瞭,難度顯著高於北美和中國貨銀平均難度,我院唯一一門真正意義上“掛人”的神課……
评分按需。配閤中文版。
评分“島”模型用來解釋摩擦、信息不對稱和交易成本,非常通俗易懂。作為本科教材,我覺得很適宜瞭。
评分大三下教材,讀過大多數章節。理論化,以OLG模型為綱,覆蓋關乎貨幣的大多話題。前三章是精華。
评分略難。隻看瞭一部分。還是跟中文版一起對照著看的 囧
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