Resumen del libro

Reseña: There have been important advances in monetary economics and macroeconomics recently. In macroeconomics there has been the paramount development of the New Consensus Macroeconomics along with significant policy implications, thereby giving rise to the notion of New Monetary Policy. This book deals with the key aspects of these developments and further ones such as money, credit and the business cycle. Adding to the analysis are developments that focus on issues for open and spatial macroeconomics.

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indice: Introduction; P.Arestis & G.Zezza
Monetary Policy with Firms' Bank Dependence and Default Risk; G.Passamani; & R.Tamborini
Assessing the New Keynesian Phillips Curves under Competing Expectation Hypothesis; O.Musy & S.Pommier
The Taylor Rule and Financial Derivatives: The Case of Options; C.Oldani
Credit Risk Management: Rationing vs Credit Derivatives and Consequences for Financial Stability; S.Vanacore
Confidence, Monetary Policy and Macroeconomic Performance; D.Torre, E.Tosi & M.Dal-Pont Legrand
Asymmetries as Sources of Conflict in a Monetary Union; P.Arestis, G.Chortareas & T.Pelagidis
Alternative Fiscal Policy Rules and the Stabilization Problem in EMU: Theory and Simulations; J.Uxo & Mª J.Arroyo
On the Minskian Business Cycle; K.Erturk
Minsky's Vision and its Relationship with the General Theory; E.De Antoni
Towards a Spatial Keynesian Macroeconomics; W.Mitchell & J.Juniper
Monetary Shocks and Real Exchange Rate Dynamics; D.Federici & S.Santoro
Macroeconomic Risk: Evaluation of International Reserves in Venezuela; C.Pagliacci & E.Ochoa
World Bank Trade Models and the Doha Debate; R.von Arnim & L.Taylor
Technology, Capital Flows and the Balance of Payments Constraint; M.Curado, G.Porcile & R.Vania

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