Preface - List of Participants - Notes on the Contributors - Introduction - The Unsolved Problems of the Eighties: a Challenge for the Nineties; C.K hler - Monetarism, Microfoundations and the Theory of Monetary Policy; D.Laidler - Monetarism in a World without Money; T.Mayer - The Evolution of the Banking System and the Theory of Monetary Policy; V.Chick - Financial Theory and Central Bank Policies; M.Goodfriend - The Demand for Money in the USA, the UK, Japan and West Germany: An Empirical Study of the Evidence since 1973; H.Buscher & S.F.Frowen - Money Supply, Interest Rate and Exchange Rate Targets: Conflicting Issues in an Open Economy; R.Pohl - Credit as Intermediate Target of Monetary Policy?; W.Filo - Monetary Theory and Policy in a Global Context with a Large International Debt; P.Davidson - Uncovered Interest Parity Condition between the United States and Europe under Different Exchange Rate Regimes; G.Kirchg ssner & J.Wolters - Monetary Policy Coordination in an Asymmetrical World: Future Prospects for the USA and Europe; E.Karakitsos - A Term Structure Approach to German Monetary Policy; W.Gebauer - Tracks towards a Common Monetary Policy in Europe; N.Kloten - Concepts and Implications of International Monetary Coordination; M.Willms - Address by Dr D.Hiss, at the First Monetary Conference of the Deutsche Bundesbank Chair of Monetary Economics in the Free University of Berlin - Comments on Monetary Theory and Monetary Policy: New Tracks for the 1990s; P.Zdrahal - Index