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INTRODUCTION TO “MODELS OF MONETARY ECONOMIES II: THE NEXT GENERATION”*
Author(s) -
Wright Randall
Publication year - 2005
Publication title -
international economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.658
H-Index - 86
eISSN - 1468-2354
pISSN - 0020-6598
DOI - 10.1111/j.1468-2354.2005.00319.x
Subject(s) - wright , economics , monetary economics , economy , history , art history
This article is a summary of the papers presented at the Models of Monetary Economies II conference, hosted in May 2004 by the Federal Reserve Bank of Minneapolis and the University of Minnesota. It focuses on several themes in the papers, including the microfoundations of monetary theory, optimal monetary policy, and the role of banking, and also overviews how the contributions fi t together. Finally, the article comments on monetary theory in general, how it has evolved and where it may be headed. This article originally appeared in the International Economic Review ? 2005 by Blackwell Publishing, www. blackwell-synergy. com.