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Monetary Theory and Policy

Proceedings of the Fourth International Conference on Monetary Economics and Banking Held in Aix-en-Provence, France, June 1987

  • Conference proceedings
  • © 1988

Overview

Editors:
  1. Didier Laussel

    1. Faculty of Economics, University of Aix-Marseille II, Aix en Provence, Cedex, France

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  2. William Marois

    1. Faculty of Economics, University of Orleans, Orleans, Cedex 2, France

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  3. Antoine Soubeyran

    1. Faculty of Economics, University of Aix-Marseille II, Aix en Provence, Cedex, France

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Part of the book series: Studies in Contemporary Economics (CONTEMPORARY)

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Table of contents (14 papers)

  1. Front Matter

    Pages I-XVIII
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  3. Monetary Policy Games

    1. Front Matter

      Pages 149-149
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    2. Monetary Policy Credibility and Coordination

      • Kevin Clinton, Jean-Claude Chouraqui
      Pages 151-171

    3. A Folk Theorem of Monetary Policy

      • Carlo Carraro
      Pages 173-206

    4. On the Convergence of Beliefs and Policy to a Rational Expectations Equilibrium in a Dual Policy Problem

      • Tamer Basar, Mark Salmon
      Pages 207-223

    5. Public Debt, Inflation and the Coordination of Fiscal and Monetary Policies

      • Anne Lavigne, Philippe Waechter
      Pages 225-267

    6. Decentralized Monetary Rules in a Three-Country Model and Time Series Evidence of Structural Dependence

      • Masanao Aoki
      Pages 269-296

    7. Fiscal Expectations and Current Account Surplus of the Main OECD Countries

      • Eric Girardin
      Pages 297-327

    8. The Political Economy of Debt Repudiation and Expropriation in LDCs

      • Hartmut R. Picht
      Pages 329-383
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Keywords

About this book

Didier LAUSSEL, William MAROIS and Antoine SOUBEYRAN The papers collected in this volume were presented at the "4th International Conference on Monetary Economics and Banking" held in Aix-en-Provence on June 1987 and organized by the C.E.F.I. (Center for International Economics and Finance of the University of Aix-Marseille II) and the GRECO "Monnaie et Financement" of the C.N.R.S. (National Center for Scientific Research). They concern two main topics: monetary theory and monetary policy. In the first one, the contributions provide new insights in some important problems like rational expectations, monetary optimizing models or portfolio choices. In the second one, almost all the texts are devoted to the game-theoretic approach of monetary policy which is a research area mainly developped since about ten years. I. MONETARY THEORY In their well known article on "Recent Developments in Monetary Theory", R. BARRO and S. FISCHER (1976) discussed seven main topics among which "the theory of money demand", "money, inflation and growth", "disequilibrium theory", "rational expectations and the Phillips Curve". Twelve years after, papers of this volume give some new results in these areas or explore new paths of research like a monetary theory of an innovative process of production or the application of the theory of contracts to financial problems.

Editors and Affiliations

  • Faculty of Economics, University of Aix-Marseille II, Aix en Provence, Cedex, France

    Didier Laussel, Antoine Soubeyran

  • Faculty of Economics, University of Orleans, Orleans, Cedex 2, France

    William Marois

Bibliographic Information

  • Book Title: Monetary Theory and Policy

  • Book Subtitle: Proceedings of the Fourth International Conference on Monetary Economics and Banking Held in Aix-en-Provence, France, June 1987

  • Editors: Didier Laussel, William Marois, Antoine Soubeyran

  • Series Title: Studies in Contemporary Economics

  • DOI: https://doi.org/10.1007/978-3-642-74104-3

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1988

  • Softcover ISBN: 978-3-540-50322-4Published: 26 October 1988

  • eBook ISBN: 978-3-642-74104-3Published: 06 December 2012

  • Series ISSN: 1431-8806

  • Edition Number: 1

  • Number of Pages: XVIII, 383

  • Topics: Economics, general

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