Money, Interest, And Prices : An Integration Of Monetary And Value Theory - 2nd Edition, Abridged
by Don Patinkin /
1989 / English / PDF
33 MB Download
A quarter of a century after the publication of the second edition,
this classic work continues to be on the reading list of graduate
courses in macroeconomics. Integrating monetary theory and value
theory,
A quarter of a century after the publication of the second edition,
this classic work continues to be on the reading list of graduate
courses in macroeconomics. Integrating monetary theory and value
theory,Money, Interest, and Prices
Money, Interest, and Prices describes the demand
functions for commodities and bonds (emphasizing the real balance
effect) and uses these functions to carry out a static and dynamic
analysis of the central problems of monetary theory - the effects
of changes in the quantity of money and shifts in liquidity
preference on interest, prices, and employment.
describes the demand
functions for commodities and bonds (emphasizing the real balance
effect) and uses these functions to carry out a static and dynamic
analysis of the central problems of monetary theory - the effects
of changes in the quantity of money and shifts in liquidity
preference on interest, prices, and employment.
This reprinted edition omits the supplementary notes on the
literature and contains a new introduction indicating the ways that
Patinkin has revised or augmented its analysis. The author
discusses issues that have arisen around his disequilibrium
approach to macroeconomics as well as his use of the
money-in-the-utility function approach to the demand for money.
Patinkin explains why he rejects the alternative overlapping
generations and cash in advance approaches to this demand and
briefly indicates how the books analysis can be extended to an open
economy and to an economy with growth and refers the reader to more
extensive treatments of the topics dealt with.
This reprinted edition omits the supplementary notes on the
literature and contains a new introduction indicating the ways that
Patinkin has revised or augmented its analysis. The author
discusses issues that have arisen around his disequilibrium
approach to macroeconomics as well as his use of the
money-in-the-utility function approach to the demand for money.
Patinkin explains why he rejects the alternative overlapping
generations and cash in advance approaches to this demand and
briefly indicates how the books analysis can be extended to an open
economy and to an economy with growth and refers the reader to more
extensive treatments of the topics dealt with.
Don Patinkin is Professor of Economics at Hebrew University in
Jerusalem.
Don Patinkin is Professor of Economics at Hebrew University in
Jerusalem.
