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Towards a New Paradigm in Monetary Economics
by Joseph E. Stiglitz and Bruce Greenwald and Bruce Greenwood




Overview -
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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More About Towards a New Paradigm in Monetary Economics by Joseph E. Stiglitz; Bruce Greenwald; Bruce Greenwood

 
 
 

Overview

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.


This item is Non-Returnable.

 

Details

  • ISBN-13: 9780521008051
  • ISBN-10: 0521008050
  • Publisher: Cambridge University Press
  • Publish Date: April 2003
  • Page Count: 344
  • Dimensions: 8.64 x 5.46 x 0.84 inches
  • Shipping Weight: 1.07 pounds

Series: Raffaele Mattioli Lectures

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