Williamson, Stephen D.; Wright, Randall - Volkswirtschaftliche Fakultät, … - 2010
This essay articulates the principles and practices of New Monetarism, our label for a recent body of work on money … something in common with Old Monetarism, but there are also some important differences; it has little in common with Old or New …, we build a benchmark New Monetarist model, and use it to address frontier issues concerning asset markets and banking. …