Money in Britain

Part 1 Background to monetary policy: the new environment of monetary policy changes in British banking. Part 2 Monetary systems: monetary standards the gold standard Bretton Woods the international non-system? Part 3 Inflation in the UK: the era of first non-monetary studies of inflation money and prices. Part 4 The demand for money: theories of demand for money estimating money demand principal research findings monetary disequilibrium and buffer stock models. Part 5 The transmission mechanism of monetary policy: the theory of economic policy transmission mechanisms intermediate target variables. Part 6 Controlling the money aggregates: bank intermediation direct methods of monetary control money supply identity approaches the monetary base debate revisited. Part 7 Control of interest rates: the Bank and the money market funding and overfunding the effects of interest rate policy. Part 8 Exchange rate management and the EMS: the exchange rate in the transmission mechanism the exchange rate as an intermediate target UK exchange rate policies in the 1980s the European Monetary System the UK and EMS. Part 9 International banking and financial integration securitization currency substitution and policy coordination banking, deregulation and monetary policy monetary policy and the balance of payments. Part 10 The future of money in Britain: monetary systems and inflation control the external discipline of the EMS European Monetary Union from EMS to EMU alternative monetary standards

Business · Economic policy · Economics · Monetary economics · Monetary policy · Economic Theory and Policy · Economic, financial, and policy analysis · European Monetary and Fiscal Policies