Description
Monetary Policy and Central Banking : New Directions in Post-Keynesian Theory.... Annotation ©2012 Book News, Inc., Portland, OR (). Monetary Policy and Central Banking : New Directions in Post-Keynesian Theory, Hardcover by Rochon, Louis-Philippe (EDT); Olawoye, Salewa 'Yinka (EDT), ISBN 1849807353, ISBN-13 9781849807357, Like New Used, Free shipping in the US Edited by Rochon (director, International Economic Policy Institute, Laurentian U., Canada) and Olawoye (a doctoral student at the U. of Missouri, US), this volume is the result of a May 2009 conference bringing together leading post-Keynesian economists to focus on the possible causes of the preceding year's global economic crisis and challenges posed by the crisis for current global monetary policy and central banking. Eleven chapters are presented on such topics as stabilization policy with an endogenous commercial bank; post-Keynesian proposals for the banking system and the US government's financial institutions; the experience of developing economies with financial market organizations, central banks, and credits; central bank responses to financial crises; financial crisis, state of confidence, and economic policies in a post-Keynesian stock-flow consistent model; the political economy of the Bank of Canada in a period of financial chaos; financial stability and the euro; and quantitative easing in the United States after the crisis. Annotation ©2012 Book News, Inc., Portland, OR ()