发帖
雷达卡
by Anthony J. Evans (Author)
About the Author
Anthony J. Evans is Professor of Economics at ESCP Europe Business School. He has published in a range of academic and trade journals and is the author of Markets for Managers (Wiley, 2014). His work has been covered by most broadsheet newspapers, and he has appeared on Newsnight and the BBC World Service. He is part of the MOC Affiliate Faculty for the Institute for Strategy and Competitiveness at Harvard Business School, and is a member of the Institute of Economic Affairs’ Shadow Monetary Policy Committee. He is a UEFA qualified soccer coach and lives in Hertfordshire with his wife and two children.
About this book
How much money is circulating in the United Kingdom? The question sounds simple. In fact, it is notoriously difficult to answer, because what counts as money is not a straightforward matter. A variety of measures have been advanced, and they tell different stories about the changing supply of money in an economy. These differences are of more than merely academic interest, because measures of the money supply are inputs to the decisions of central banks. Wrong answers can lead to wrong actions, with potentially devastating economic effects.
This book examines the measure of money and, in that light, the actions of the Bank of England in the lead up to the 2008 financial crisis and its aftermath. It is essential reading for anyone interested in money, measures of its quantity, and the relationship between the money supply and the economic cycle.
Brief contents
1 Introduction
2 M: The importance of alternative monetary aggregates
Introduction
Can money be measured?
Austrian definitions of the money supply
The Goldilocks measure
Divisia money
Conclusion
3 V: Velocity shocks, regime uncertainty and the central bank
The demand for money
Supplier-induced demand and central banks
Regime uncertainty and big players
Conclusion
4 P: The hidden inflation of the Great Moderation
Inflation vs price-level targets
Fan charts
Price indices
Productivity norm
Conclusion
5 Y: GDP, GO and the structure of production
Introduction
National income accounting
Beyond GDP
Gross production and capital consumption
Evidence for the UK economy
Conclusion
6 Conclusion
The dynamic process of economic crises
Policy conclusions
Pages: 206 pages
Publisher: Institute Of Economic Affairs; 1 edition (February 15, 2019)
Language: English
ISBN-10: 0255367678
ISBN-13: 978-0255367677
IEA__Getting the Measure of Money.epub
(1008.34 KB, 需要: 5 个论坛币)
京公网安备 11010802022788号
