monetary modeling economies

books:

3 reviews
Bruce Champ, Scott Freeman

Cambridge University Press, 2001

Beautiful; economics as it should be written
Economists have a responsiblity to communicate as simply as possible. Too often complex mathematics are an egotistic tool of the economist that merely frustrates the reader. Champ and Freeman's Modeling Monetary Economies is a wonderful volume that explains tough issues in monetary economics by building upon Wallace and Bryant's overlapping generations (OLG) model. The OLG framework is a very ...

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