Journal Article

Introduction to \\"Models of Monetary Economies II: The Next Generation\\"


Abstract: 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 fit together. Finally, the article comments on monetary theory in general - how it has evolved and where it may be headed.

Keywords: Monetary policy;

Status: Published in International Economic Review> (Vol. 46, No. 2, May 2005, pp. 305-316)

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Bibliographic Information

Provider: Federal Reserve Bank of Minneapolis

Part of Series: Quarterly Review

Publication Date: 2005

Volume: 29

Issue: Oct

Pages: 2-9