Money, Trust, and Banking

An Integrated Approach to Monetary Theory and Banking Theory

Specificaties
Paperback, blz. | Engels
Palgrave Macmillan UK | e druk, 2005
ISBN13: 9781349547814
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Palgrave Macmillan UK e druk, 2005 9781349547814
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Samenvatting

This book shows how money and banks emerge to efficiently address problems of trust between economic agents. The analysis offers an innovative approach for integrating monetary theory, banking theory, and standard economic theory in a game theoretical framework. The unified perspective of the book contributes to a better understanding of the microeconomic foundations of monetary policy and banking. It emphasizes the importance of trust supported by credible institutional structures in the financial industry.

Specificaties

ISBN13:9781349547814
Taal:Engels
Bindwijze:paperback
Uitgever:Palgrave Macmillan UK

Inhoudsopgave

Introduction The Problem of Trust in Monetary Theory Money, Trust, and Contemporary Banking Theory An Analytical Framework for an Integrated Formal Theory of Money, Trust, and Banking A Basic Model of Exchange Barter with Intermediate Exchange of Goods Privately Issued I.O.U.s as a Medium of Exchange Money as Central Bank Debt The Transactions Bank: On the Missing Link Between Monetary Theory and Banking Theory Efficient Transactions and Synergies in Banking An Integrated Perspective on Money, Trust, and Banking

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        Money, Trust, and Banking