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Money and credit are key themes of Allan H. Meltzer's ground-breaking work which is celebrated in this outstanding … collection of his essays and papers. Money, Credit and Policy covers the demand for money, the relation of money to output, the …. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume …
Persistent link: https://www.econbiz.de/10014473936
pt. 1. Heterodox economic theory and money in macroeconomics -- pt. 2. Distribution and aggregate demand -- pt. 3 …Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and …: the development of heterodox theory, the role of money in macroeconomics, the relationship between distribution and …
Persistent link: https://www.econbiz.de/10012420004
economics, and is renowned as the progenitor of the "horizontalist" analysis of endogenous money. More recently, he has embraced … macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the …
Persistent link: https://www.econbiz.de/10011850869
Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this … and financial services, as well as related governance mechanisms, influence economic performance. In this manner, Money …Modeling -- Foundation -- A model economy -- What is money? -- Money and the level of economic well-being -- Money in a …
Persistent link: https://www.econbiz.de/10011851385
relationship. A number of controversial issues regarding the demand for money are empirically investigated and the functioning of a … several issues relating to both current and future developments of monetary institutions: the optimum quantity of money, the … of the economy must be set. Money and Monetary Systems will be of great interest and value to economists specialising in …
Persistent link: https://www.econbiz.de/10014474045
credit and money. This book extends horizontalism beyond its traditional boundaries and makes it consistent with the post … non-orthodox views on money. They argue that horizontalism is perfectly compatible with liquidity preference, credit … horizontal schedule of credit-money. The overall intention is to place horizontalism within the current heterodox tradition as a …
Persistent link: https://www.econbiz.de/10014473823
Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...
Persistent link: https://www.econbiz.de/10011850688
money supply process and monetary management -- 8. Transmission mechanisms of monetary policy and the demand for money -- 9 …
Persistent link: https://www.econbiz.de/10011851021
This book, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as...
Persistent link: https://www.econbiz.de/10011851035
The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth century. What lies behind the spread of this economic institution? What underlying process has brought central banks to hold such a key role in economic life today? This book...
Persistent link: https://www.econbiz.de/10011851386