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portada Towards a new Paradigm in Monetary Economics Hardback (Raffaele Mattioli Lectures) (in English)
Type
Physical Book
Year
2003
Language
English
Pages
344
Format
Hardcover
ISBN
0521810345
ISBN13
9780521810340
Categories

Towards a new Paradigm in Monetary Economics Hardback (Raffaele Mattioli Lectures) (in English)

Stiglitz; Greenwald (Author) · Cambridge University Press · Hardcover

Towards a new Paradigm in Monetary Economics Hardback (Raffaele Mattioli Lectures) (in English) - Stiglitz; Greenwald

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Synopsis "Towards a new Paradigm in Monetary Economics Hardback (Raffaele Mattioli Lectures) (in English)"

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 and boom.

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The book is written in English.
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