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Table of Contents
Section I. Background and fundamental theories
1. A brief history of monetary theory
2. Politics and monetary policy
3. Two blades are better than one: the role of IS- LM
4. The role of velocity in monetary policy
Section II. Monetary theory and related issues
5. Keynes' view of monetary policy
6. Friedman and modern quantity theory
7. Discretionary policies
Section III. Schools of thought in monetary theory
8. Austrian school
9. Rational expectations hypothesis
10. Inflation targeting
Section IV. The evidence
11. Empirical evidence supporting monetary policy
12. Conclusion
Glossary
Notes
References
Index.
1. A brief history of monetary theory
2. Politics and monetary policy
3. Two blades are better than one: the role of IS- LM
4. The role of velocity in monetary policy
Section II. Monetary theory and related issues
5. Keynes' view of monetary policy
6. Friedman and modern quantity theory
7. Discretionary policies
Section III. Schools of thought in monetary theory
8. Austrian school
9. Rational expectations hypothesis
10. Inflation targeting
Section IV. The evidence
11. Empirical evidence supporting monetary policy
12. Conclusion
Glossary
Notes
References
Index.