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On Money and Credit in Europe - The Selected Essays of Martin M.G. Fase (Hardcover, illustrated edition)
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On Money and Credit in Europe - The Selected Essays of Martin M.G. Fase (Hardcover, illustrated edition)
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In this invaluable book, Martin Fase, a notable academic and
practitioner, draws together his most important contributions to
monetary economics over two decades, using empirical evidence to
assert his unique style in designing monetary policy. One of the
main themes of Professor Fase's work, covered in the first part of
the book, is the empirical analysis of the demand for money. For
traditional monetary aggregates and Divisia aggregates the author
investigates the dynamics, stability and determinants of money
demand on a sectoral, national and Europe-wide level. The second
part of the book uses empirical evidence to address a variety of
monetary issues, including the system approach to money demand, the
demand for bank loans, payment patterns and the demand for
banknotes and coins. These chapters support the author's assertion
that both the aggregate and disaggregate analyses of money demand
are necessary for the design of a successful monetary policy in a
European Monetary Union. On Money and Credit in Europe will be of
great value to scholars and practitioners of monetary and financial
economics, the economics of European integration and money and
banking.
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