In common with other volumes in the series, this book contains essays that review recent developments in an important field of economics, in this case financial and monetary economics. The issues covered include financial intermediation and the operation of financial markets.
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In recent years there have been many interesting developments in Financial and Monetary Economics. This volume is written by well known international specialists in an accessible and informative style and provides students and professional economists with introductory accounts of current issues. The topics include Monetary Standards, the New Theory of Financial Intermediation, the Operation of Financial Markets, Financial Innovation, Banking Reform, Deregulation and Monetary Policy, Credibility and Time Consistency in Monetary Policy and International Monetary Policy Co-ordination.
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