Monetary Economics

Name: Monetary Economics
Author: W. Godley

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

Specificaties

Gebonden, blz. | Engels

Palgrave Macmillan UK | e druk, 2006

ISBN13: 9780230500556

Rubricering

Palgrave Macmillan UK e druk, 2006 9780230500556

196,19

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Verwachte levertijd ongeveer 9 werkdagen

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 it is institutions which create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

Specificaties

ISBN13:9780230500556

Taal:Engels

Bindwijze:gebonden

Uitgever:Palgrave Macmillan UK

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 PrivateBank 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