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

Author

Wright, Randall

Subjects
*MONETARY theory, *MONETARY policy, *BANKING industry, *ECONOMIC policy, *ECONOMICS
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. [ABSTRACT FROM AUTHOR]

Published
2005
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