The supply and demand for money

This book provides a comprehensive account of the main theoretical approaches to the determinants of the demand and supply of money and other assets. It uses empirical evidence and real examples to illustrate theoretical approaches, and to show how various macroeconomic models may be tested. These models are used to analyse methods of monetary control in the United Kingdom and the United States, while the detailed analysis of the supply and demand for money is placed firmly in a wider macroeconomic context.