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    3. A Critique of Monetary Policy: Theory and British Experience

    A Critique of Monetary Policy: Theory and British Experience

    Posted By: lout
    Date: 13 Mar 2011 20:59:54
    A Critique of Monetary Policy: Theory and British Experience

    A Critique of Monetary Policy: Theory and British Experience By J. C. R. Dow, I. D. Saville
    Publisher: O U P 1990 | 288 Pages | ISBN: 0198283199 | PDF | 16 MB


    Challenging accepted wisdom of monetary theory, this study of the theory of monetary policy in England analyzes the behavior of the banking system and the difficulties of central bank control, and argues that money creation is an endogenous process, determined partly by the price level.

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