Monetary economics : an integrated approach to credit, money, income, production and wealth
著者
書誌事項
Monetary economics : an integrated approach to credit, money, income, production and wealth
Palgrave Macmillan, 2007
- : hardback
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注記
Includes bibliographical references (p. 501-513) and index
内容説明・目次
内容説明
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.
目次
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
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