Modern Monetary Theory: A Critical Survey of Recent Developments.
本书综述了凯恩斯主义与货币主义争论后货币理论的最新进展,涵盖挤出效应、新古典宏观经济学、货币需求函数不稳定、缓冲库存和货币替代等议题,适合经济学研究者快速了解该领域动态。
In the aftermath of the debates between Keynesians and monetarists, this book aims to provide a concise overview of the most recent developments in monetary theory. Professor Visser has written an up-to-date survey which discusses major issues such as crowding out, the new classical macroeconomics, the breakdown of the stable money demand function, buffer stocks and currency substitution. Currency problems in general have come to the fore after the collapse of the Bretton-Woods system. The book addresses topical issues such as Hayek's proposal to denationalize money as well as theoretical issues such as the search for the microfoundations of monetary theory. This is an important, up-to-date survey of recent developments in monetary theory and the economic reasoning which underlies it. The use of mathematics has been kept to a minimum.