Monetary Economics

Name: Monetary Economics
Brand: Palgrave Macmillan
SKU: 9780230500556
Price: 4165 CZK
Availability: InStock

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

Autor: Wynne A.H. Godley, Marc Lavoie

Jazyk:

Vazba: Pevná

Vydavatel: Palgrave Macmillan

Dostupnost: Skladem u dodavatele v malém množství

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4 165 Kč

This book challenges the mainstream paradigm, which is based on the inter-temporal optimisation of w...

Informace o knize

Autor

Wynne A.H. Godley, Marc Lavoie

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

2006

Stránek

530

EAN

9780230500556

ISBN

0230500552

Enbook ID

04554614

Vydavatel

Palgrave Macmillan

Hmotnost

844

Rozměry

140 x 216 x 36

Kompletní popis

This book challenges the mainstream paradigm, which is based on the inter-temporal optimisation of welfare by individual agents. It introduces a new methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets (including money) and liabilities, thereby determining how whole economies evolve through time. Starting with extremely simple stock flow consistent (SFC) models, the text describes a succession of increasingly complex models. Solutions of these models are used to illustrate ways in which whole economies evolve when shocked in various ways. Readers will be able to download all the models and explore their properties for themselves. A major conclusion is that economies require management via fiscal and monetary policy if full employment without inflation is to be achieved.

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Monetary Economics

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

Informace o knize

Kompletní popis

Mohlo by vás zajímat

Zákaznicí kteří koupili tuto knihu koupili také