Benjamin Woodford's Books

A Course in Monetary Economics

Sequential Trade, Money, and Uncertainty

By: Benjamin Eden

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A Course in Monetary Economics

Sequential Trade, Money, and Uncertainty

By: Benjamin Eden

A Course in Monetary Economics is an insightful introduction to advanced topics in monetary economics. Accessible to students who have mastered the diagrammatic tools of economics, it discusses real issues with a variety of modeling alternatives, allowing for a direct comparison of the implications of the different models. The exposition is clear and logical, providing a solid foundation in monetary theory and the techniques of economic modeling. The inventive analysis explores an extensive range of topics including the optimum quantity of money, optimal monetary and fiscal policy, and uncertain and sequential trade models. Additionally, the text contains a simple general equilibrium version of Lucas (1972) confusion hypothesis, and presents and synthesizes the results of recent empirical work. The text is rooted in the author's years of teaching and research, and will be highly suitable for monetary economics courses at both the upper-level undergraduate and graduate levels.

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Page Count

424

Publisher

John Wiley & Sons

Published Date

ISBN 10

0470752009

ISBN 13

9780470752005

Cricket, Kirikiti and Imperialism in Samoa, 1879–1939

By: Benjamin Sacks

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Cricket, Kirikiti and Imperialism in Samoa, 1879–1939

By: Benjamin Sacks

This book considers how Samoans embraced and reshaped the English game of cricket, recasting it as a distinctively Samoan pastime, kirikiti. Starting with cricket’s introduction to the islands in 1879, it uses both cricket and kirikiti to trace six decades of contest between and within the categories of ‘colonisers’ and ‘colonised.’ How and why did Samoans adapt and appropriate the imperial game? How did officials, missionaries, colonists, soldiers and those with mixed foreign and Samoan heritage understand and respond to the real and symbolic challenges kirikiti presented? And how did Samoans use both games to navigate foreign colonialism(s)? By investigating these questions, Benjamin Sacks suggests alternative frameworks for conceptualising sporting transfer and adoption, and advances understandings of how power, politics and identity were manifested through sport, in Samoa and across the globe.

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Page Count

311

Publisher

Springer Nature

Published Date

ISBN 10

3030272680

ISBN 13

9783030272685

Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through

By: Mr.Benjamin Hunt,Mr.Peter Isard

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Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through

By: Mr.Benjamin Hunt,Mr.Peter Isard

The paper uses MULTIMOD to examine the implications of uncertain exchange rate pass-through for the conduct of monetary policy. From the policymaker's perspective, uncertainty about exchange rate pass-through implies uncertainty about policy multipliers and the impact of state variables on stabilization objectives. When faced with uncertainty about the strength of exchange rate pass-through, policymakers will make less costly errors by overestimating the strength of pass-through rather than underestimating it. The analysis suggests that pass-through uncertainty of the magnitude considered does not result in efficient policy response coefficients that are smaller than those under certainty.

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International Monetary Fund

Published Date

ISBN 10

145184428X

ISBN 13

9781451844283

Inflation Targeting in the United Kingdom

By: Benjamin Viertel

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Inflation Targeting in the United Kingdom

By: Benjamin Viertel

Inhaltsangabe:Introduction: (A)n internal standard, so regulated as to maintain stability in an index number of prices, is a difficult scientific innovation, never yet put into practice . Especially since the operational introduction as central bank monetary policy framework in the early 1990s in New Zealand, the United Kingdom (UK), Canada and Sweden, inflation targeting has gained both empirical and theoretical relevance as a monetary policy strategy. In this paper I relate to inflation targeting theory and its framework in the UK. For that purpose I first regard the development of inflation targeting in respect to other monetary policy strategies in sections (2.2) and (2.3). I will answer the question what the actual target variable is and why one would want to have inflation being low and stable. Then there is some complexity because the development of inflation targeting has to be viewed in relation to paradigmatic debates between Monetarist and New-Keynesian insights. In the sections (2.4) and (2.4) I present the two fundamental views of how an inflation targeting framework should be modelled. By stating some equations from basic theoretical literature, I try to give a overview about the dfferent characteristics of that monetary policy strategy and how there is still controversy about the way of modelling. Chapter (3) is concerned with the operational framework in the UK, including statements to historical developments at the Bank of England in section (3.1). In particular, gaining of operational independence in setting interest rates section (3.1.5) was an important step for the Bank. The present monetary policy framework will be reviewed in section (3.2), in detail relating to the Bank s publication policy section (3.2.2) and the inflation forecasting process section (3.2.3). The Bank of England s model of the transmission mechanism is reviewed in section (3.3). This includes the interest rate setting process, the role of money and the relationship between inflation and inflation expectations. Finally, I discuss some economic effects that changed the British economy since the introduction of inﬂation targeting section (3.4). Inhaltsverzeichnis:Table of Contents: 1.Abstract2 2.Monetary Policy2 2.1Introduction2 2.2Monetary Policy2 2.2.1Monetary Policy Strategies in Theory2 2.2.2Monetary Stability as an Aim of Monetary Policy4 2.2.3Empirical Monetary Strategies 5 2.2.4Monetary Transmission Mechanisms6 2.3Inflation [...]

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diplom.de

Published Date

ISBN 10

3836625962

ISBN 13

9783836625968

The history of the descendants of Elder John Strong

Vol. 2

By: Benjamin W. Dwight

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The history of the descendants of Elder John Strong

Vol. 2

By: Benjamin W. Dwight

Reprint of the original, first published in 1871. The publishing house Anatiposi publishes historical books as reprints. Due to their age, these books may have missing pages or inferior quality. Our aim is to preserve these books and make them available to the public so that they do not get lost.

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Page Count

825

Publisher

BoD – Books on Demand

Published Date

ISBN 10

3382135221

ISBN 13

9783382135225

The Future of Money

By: Benjamin J. Cohen

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The Future of Money

By: Benjamin J. Cohen

Is globalization leading us toward a world of fewer and fewer currencies and, consequently, simplified monetary management? Many specialists believe this is the case, as the territorial monopolies national governments have long claimed over money appears to be eroding. In The Future of Money, Benjamin Cohen argues that this view--which he calls the "Contraction Contention"--is wrong. Rigorously argued, written with extraordinary clarity, and thoroughly up-to-date, this book demonstrates that the global population of currencies is set to expand greatly, not contract, making monetary governance more difficult, not less. At the book's core is an innovative theoretical model for understanding the strategic preferences of states in monetary management. Should governments defend their traditional monetary sovereignty, or should they seek some kind of regional consolidation of currencies? The model offers two broad advances. First, whereas most scholarly work evaluates strategic options individually or in comparison to just one other alternative, this model emphasizes the three-dimensional nature of the decisions involved. Second, the model emphasizes degrees of currency regionalization as a central determinant of state preferences. Cohen also systematically explores the role of the private sector as an alternative source of money. The book concludes with two key policy proposals. First, fiscal policy should be resurrected as a tool of macroeconomic management, to offset the present-day erosion in the effectiveness of monetary policy. Second, the International Monetary Fund should more actively help coordinate the decentralized strategic decision-making of governments. The future of money will be perilous. But, by mapping out the alternative policies countries can follow, The Future of Money shows it need not be chaotic.

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Page Count

319

Publisher

Princeton University Press

Published Date

ISBN 10

0691187134

ISBN 13

9780691187136

The History of the Descendants of Elder John Strong of Northampton

Vol. 2

By: Benjamin W. Dwight

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The History of the Descendants of Elder John Strong of Northampton

Vol. 2

By: Benjamin W. Dwight

Reprint of the original. The publishing house Anatiposi publishes historical books as reprints. Due to their age, these books may have missing pages or inferior quality. Our aim is to preserve these books and make them available to the public so that they do not get lost.

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Page Count

837

Publisher

BoD – Books on Demand

Published Date

ISBN 10

3382100584

ISBN 13

9783382100582

"Lincoln's Humor" and Other Essays

By: Benjamin P. Thomas

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"Lincoln's Humor" and Other Essays

By: Benjamin P. Thomas

This volume gathers the best previously unpublished and uncollected writings on Abraham Lincoln and Lincoln scholarship by one of his great biographers, Benjamin P. Thomas. A skilled historian and a masterful storyteller himself, Thomas was widely regarded as the greatest Lincoln historian of his generation. With these essays, he combines historical depth with narrative grace in delineating Lincoln's qualities as a humorist, lawyer, and politician. From colorful tall tales to clever barbs aimed at political opponents, Lincoln clothed a shrewd wit in a homespun, backwoods vernacular. He used humor to defuse tension, illuminate a point, put others at ease--and sometimes for sheer fun. From an early reliance on broad humor and ridicule in speeches and on the stump, Lincoln's style shifted in 1854 to a more serious vein in which humor came primarily to elucidate an argument. "If I did not laugh occasionally I should die," he is said to have told his cabinet, "and you need this medicine as much as I do." Thomas brings his deep knowledge of Lincoln to essays on the great man's tumultuous career in Congress, his work as a lawyer, his experiences in the Courts, and his opinions of the South. A gracious survey of Lincoln's early biographers, particularly Ida Tarbell, stands alongside an appreciation of Harry Edward Pratt, a key figure in the early days of the Abraham Lincoln Association. Thomas also assesses Lincoln's use of language and the ongoing significance of the Gettysburg Address. This diverse collection is enhanced by an introduction by Michael Burlingame, himself a leading biographer of Lincoln. Burlingame provides a balanced portrait of Thomas and his circuitous path toward writing history.

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Page Count

212

Publisher

University of Illinois Press

Published Date

ISBN 10

0252056388

ISBN 13

9780252056383

Book's by Benjamin Woodford

A Course in Monetary Economics

A Course in Monetary Economics

Cricket, Kirikiti and Imperialism in Samoa, 1879–1939

Cricket, Kirikiti and Imperialism in Samoa, 1879–1939

Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through

Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through

Inflation Targeting in the United Kingdom

Inflation Targeting in the United Kingdom

The history of the descendants of Elder John Strong

The history of the descendants of Elder John Strong

The Future of Money

The Future of Money

The History of the Descendants of Elder John Strong of Northampton

The History of the Descendants of Elder John Strong of Northampton

"Lincoln's Humor" and Other Essays

"Lincoln's Humor" and Other Essays

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