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Issues in money and banking

Author: George Macesich
Publisher: Westport, Conn. : Praeger, 2000.
Edition/Format:   Book : EnglishView all editions and formats
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Document Type: Book
All Authors / Contributors: George Macesich
ISBN: 0275967778 9780275967772
OCLC Number: 42692293
Description: x, 147 p. : ill. ; 22 cm.
Contents: 1. Money 1 --
What Is Money? 1 --
Monetarists, Austrians, Keynesians and Money 3 --
2. Supply and Demand for Money 15 --
Global Dimension 24 --
Friedman and Schwartz on the Money Supply 24 --
Cagan on the Money Supply 25 --
Other Views on the Money Supply 26 --
Permanent Income Models 27 --
Other Models of Money 29 --
3. Central Banking: The Early Years 31 --
First and Second United States Banks 31 --
Bank of England 40 --
Other Early Banks 42 --
4. Central Banking: The Later Years 47 --
Regional and National Aspects of the U.S. Federal Reserve Act of 1913 48 --
Policy Tools 52 --
Classical Gold Standard, Managed Fiduciary Standard, and Economic Performance since the Nineteenth Century 54 --
5. Central Banking and Bureaucracy 59 --
Central Banks and the Theory of Bureaucracy 59 --
A Bottom Line? 61 --
6. Monetary Policy 69 --
A Changing Environment 69 --
Importance of Credibility 71 --
Goals, Indicators, and Targets of Monetary Policy 74 --
7. Contemporary Commercial Banking 83 --
Business of Banking 83 --
Input "Mix" 84 --
Output "Mix" 86 --
Pricing of Inputs and Outputs 88 --
Uniqueness of the Banking Industry 91 --
Other Financial Intermediaries 92 --
8. Changing Anatomy of Banking 95 --
Changing Nature of Bank Liability Management 95 --
New Competitive Environment 97 --
Bankers and Their Clients: Country Practice 102 --
Changing Perceptions of Bankers 114 --
9. Euro and the Dollar 117 --
Another Emerging World Currency? 117 --
Why a Single Currency? 121.
Responsibility: George Macesich.

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