sheet approach. The creation and valuation of money and the determination of interest are embedded within the central … money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find …

ideaof Knut Wicksell (natural rate of interest vs. money rate of interest). Inaddition, the model contains also many … Computersimulation, welche im Gebiet der Geldtheorie anzusiedeln ist. Agentenbasierte Computersimulationen sind innovative Werkzeuge, die … Transmissionsmechanismus knüpft an die Arbeiten Knut Wicksells im Bereich der Geldtheorie an. Darüber hinaus beinhaltet das Modell viele …

interest leads to the concentration of increasing supply of money in money circulation, which does not participate in economic … negatively affects the finances, monetary and the entire economic system. It reduces the purchasing ability of money, undermines … transactions and, therefore, in the creation of added value. Finally, the concentration of extra money in the economy leads to …

interest rate. Credit may be used when the return on money is not positive. A positive money injection reduces the crime rate … households exchange money for interest-bearing government nominal bonds in the asset market. The government injects money through … monetary policy.Chapter 1 studies the choice of endogenous means of payment when holding money is risky. In steady state …

non trivial investment decisions Allowing for two goods Introducing money Introducing price setting Introducing staggering …

for non trivial investment decisions; Allowing for two goods; Introducing money; Introducing price setting; Introducing …

impact of monetary policy over the credit market, in special the loan interest rate. Thus, the objective of this study is to … analyze the dynamic relations between the interest rate used by the banks on the credit operations for companies and the … interest rate of the monetary Brazilian market. The importance of the analysis of the “credit rationing” phenomenon is due to …

published by the IMF, I test for the impact of the monetary policy instrument, the central bank's nominal interest rate, on the … these countries, show that monetary policy through interest rate isn't as efficient as it should be. The exchange rate …

Svensson are applied to determine implied nominal and real forward interest rates. The difference between the nominal and real …