CONTENTS IN BRIEF 1
1 National Wealth and Individual Wealth 1
2 Properties of Assets 9
3 Portfolio Selection with Predictable Assets,with Application to the Demand for Money 31
4 Portfolio Selection with Imperfectly Predictable Assets 60
5 Portfolio Balance:Currency,Capital,and Loans 101
6 Financial Markets and Asset Prices 146
7 The Banking Firm:A Simple Model 170
8 The Monetary and Banking System of the United States:History and Institutions 205
9 The Monetary and Banking System of the United States:Analytic Description 232
10 Money and Government Debt in a General Equilibrium Framework 263
References 293
Name Index 301
Index 305