Monetary Economics in the 1980's

This volume contains the first eight lectures delivered in honour of Henry Thornton the economist, at City University, London. Seven of the lectures are by monetary economists and one is by a Governer of the Bank of England. Exchange rates, macroeconomics, and interest rates are discussed.

Inhalt

The prospects for an international monetary system, G.Richardson; a century of British market interest rates, 1874-1975, A.J.Schwarz; turbulence in the foreign exchange markets and macroeconomic policies, J.A.Frankel; macroeconomics after a decade of rational expectations - some critical issues, B.T.McCallum; Keynes on monetary reform and international economic order, A.H.Meltzer; the uncertain future of monetary policy, P.Cagan; inflation expectations - from adaptive to rational to?, M.Parkin; the disarray in macroeconomics, K.Brunner.