David E.W. Laidler's Books

Money and Macroeconomics

The Selected Essays of David Laidler

By: David E. W. Laidler

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Money and Macroeconomics

The Selected Essays of David Laidler

By: David E. W. Laidler

Money and Macroeconomics is a significant collection of David Laidler's most important papers on the so-called 'monetarist counter-revolution'. This volume contains both published and unpublished examples of his influential contribution, detailing empirical work on the demand for money, the economics of inflation, the foundations of the 'buffer stock' approach to monetary theory, the monetarist critique of new classical economics and issues of economic policy.

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430

Publisher

Edward Elgar Publishing

Published Date

ISBN 10

1781959803

ISBN 13

9781781959800

Money and Macroeconomics

The Selected Essays of David Laidler

By: David E. W. Laidler

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Money and Macroeconomics

The Selected Essays of David Laidler

By: David E. W. Laidler

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430

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Edward Elgar Publishing

Published Date

ISBN 10

1781959803

ISBN 13

9781781959800

Monetarist Perspectives

By: David E. W. Laidler

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Monetarist Perspectives

By: David E. W. Laidler

Here is a clear and thoughtful introduction to the current literature of monetary economics and macroeconomics. The book's central theme is a view of the macroeconomy in which recession and inflation are to be interpreted as the result of the economy adjusting to a discrepancy between the quantity of money supplied and the quantity of money demanded, with the latter quantity being determined by a stable aggregate demand function. The author discusses in turn the place of monetarism in macroeconomics, its implications for the interpretation of the short-run demand for money function, its relationship to equilibrium business cycle theory, the disequilibrium transmission mechanism that underlies the monetarist viewpoint, and finally its implications for the policy of âeoegradualism.âe He synthesizes a large body of theoretical and empirical literature, and his empirical observations are broadly based on the experiences of England and Australia as well as Canada and the United States. Each chapter can be read apart from the others, and Laidler has taken particular care to keep the technical level of exposition low without sacrificing much in the way of theoretical sophistication.

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236

Publisher

Harvard University Press

Published Date

ISBN 10

0674582403

ISBN 13

9780674582408

The Golden Age of the Quantity Theory

By: David E.W. Laidler

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The Golden Age of the Quantity Theory

By: David E.W. Laidler

How did neoclassical monetary economics, as epitomized by the work of Fisher, Wicksell, and the Cambridge School, evolve from the classical orthodoxy that dominated economics in the 1870s? To answer this question, David Laidler considers the interaction of theoretical developments with contemporary policy debates about bimetallism and the evolution of the gold exchange standard. He argues that neoclassical monetary economics, in which the quantity theory of money played a central role, laid the intellectual groundwork for the replacement of the gold standard by various managed monetary systems in the years following World War I. Laidler is one of the world's foremost experts on monetary economics, and this book provides an illuminating account and analysis of one of the most important periods in the development of that field. Scholars of the history of economic thought and all monetary economists will find that The Golden Age of the Quantity Theory is the most systematic treatment of the development of monetary economics between 1870 and 1914 currently available. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

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237

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Princeton University Press

Published Date

ISBN 10

1400862485

ISBN 13

9781400862481

Two Percent Target

The Context, Theory, and Practice of Canadian Monetary Policy Since 1991

By: David E. W. Laidler,William Bertie Provost Robson

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Two Percent Target

The Context, Theory, and Practice of Canadian Monetary Policy Since 1991

By: David E. W. Laidler,William Bertie Provost Robson

This book explores the transition from the decades of high & volatile inflation of the 1970s & 1980s to the stable monetary environment of the 1990s and documents the role of monetary policy in bringing about this transition. Part I reviews Canadian monetary policy and its background since the early 1990s, and ends with an overview of the evolution of the debates surrounding monetary policy and inflation. Part II begins with discussion of central banking in general and its development in Canada in particular. It then looks at the economics of monetary policy: what it can & cannot do and how changes in the stance of the central bank work their way through the economy. It ends by discussing how monetary & fiscal policy interact and the nature of democratic control over the central bank. Part III examines the experience of the past decade related to the conduct of monetary policy in the context of international & domestic economic developments. It also details the framework for monetary policy in Canada as well as the major changes in the Bank of Canada's operating procedures since the early 1990s. The final part draws some conclusions from recent Canadian experience with low inflation, assesses alternatives to current monetary policy arrangements, and speculates about directions for such arrangements in the years ahead.

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232

Publisher

Institut C.D. Howe

Published Date

ISBN 10

088806635X

ISBN 13

9780888066350

The Golden Age of the Quantity Theory

By: David E.W. Laidler

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The Golden Age of the Quantity Theory

By: David E.W. Laidler

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237

Publisher

Princeton University Press

Published Date

ISBN 10

1400862485

ISBN 13

9781400862481

Book's by David E.W. Laidler

Money and Macroeconomics

Money and Macroeconomics

Money and Macroeconomics

Money and Macroeconomics

Monetarist Perspectives

Monetarist Perspectives

The Golden Age of the Quantity Theory

The Golden Age of the Quantity Theory

Two Percent Target

Two Percent Target

The Golden Age of the Quantity Theory

The Golden Age of the Quantity Theory

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