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020 _a140802320
082 _a332.401 Bai 2nd ed.
100 _a"Bain, A. D."
245 0 _aControl of the money supply
250 _a2nd ed.
260 _aEngland
260 _bPenguin Books
260 _c1970
300 _a176p.-
520 _aThis second edition contains substantial revisions and extensions. Following a brief introduction in chapter 1 on the meaning of money and the structure of financial systems, Professor Bain deals with six main topics. In the second and third chapters he considers money supply theory in general and its determinants within the United Kingdom. Hethen discusses the demand for money from a theoretical stand point in chapter 4, and examines empirical evidence in chapter 5. This is followed by a chapter on the channels through which monetary policy influences the economy, including the' influence of money on inflation. Tile next two chapters are concerned with techniques for controlling money and the use of monetary targets and indicators in the conduct of economic policy, and finally The author considers the role of monetary policy in economic management:. While much of the empirical material relates to the United Kingdom the theoretical discussion can be applied in many other countries.
650 _aEconomics
942 _cB
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