Testing monetarism / Meghnad Desai.

By:

Desai, Meghnad

Material type: Text

TextPublication details: London ; New Delhi ; New York : Bloomsbury, 2013Description: 246 p. : ill. ; 22 cmISBN:

0312793561
9781472514066 (hbk.)

Subject(s):

DDC classification:

332.46 DES 19

LOC classification:

HG221.3 .D48 1982

Summary: Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Calcutta		332.46 DES (Browse shelf(Opens below))	Available		IIMC-142733
Book	Jammu General Stacks	Non-fiction	332.46 DES (Browse shelf(Opens below))	Available		IIMJ-6470

Total holds: 0

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Previous	332.46 CHA Developments in macro-finance yield curve modelling	332.46 CHI The Theory of monetary policy	332.46 COO Development of the monetary sector, prediction and policy analysis in the FRB-MIT Penn Model /	332.46 DES Testing monetarism /	332.46 DOR Steps to international monetary order /	332.46 EDW Capital controls, exchange rates and monetary policy in the world economy /	332.46 EIN Monetary policy :	Next

Includes index.

Bibliography: p. 227-239.

Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.

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