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Monetary Economics

An Integrated Approach to Credit, Money, Income, Production and Wealth

Specificaties
Paperback, blz. | Engels
Palgrave Macmillan UK | 2e druk, 2012
ISBN13: 9780230301849
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Palgrave Macmillan UK 2e druk, 2012 9780230301849
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Samenvatting

This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

Specificaties

ISBN13:9780230301849
Taal:Engels
Bindwijze:paperback
Uitgever:Palgrave Macmillan UK
Druk:2
Hoofdrubriek:Economie

Inhoudsopgave

Introduction Balance Sheets, Transaction Matrices and The Monetary Circuit The Simplest Model with Government Money Government Money with Portfolio Choice Long-Term Bonds, Capital Gains and Liquidity Preference Introducing the Open Economy A Simple Model with Private Bank Money Time, Inventories, Profits and Pricing A Model with Private Bank Money, Inventories and Inflation A Model with both Inside and Outside Money A Growth Model Prototype Open Economy with Flexible Prices and Exchange Rates General Conclusion

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        Monetary Economics