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MONETARY ECONOMICS AN INTEGRATED APPROACH TO CREDIT MONEY INCOME
GODLEY W. LAVOIE M. / PRODUCTION AND WEALTH wydawnictwo: PALGRAVE MACMILLAN , rok wydania 2011, wydanie II cena netto: 227.90 Twoja cena 216,51 zł + 5% vat - dodaj do koszyka Monetary
Economics:
An
Integrated Approach to Credit, Money, Income, Production and Wealth
This book challenges the mainstream paradigm with the introduction of a new
methodology. Economies are represented realistically in a fully articulated system of
national income and flow of funds accounts. The authors study how flows of income,
expenditure and production are intertwined with stocks of assets and liabilities,
determining how whole economies evolve through time.
Starting with extremely simple stock-flow consistent models, the text describes a
succession of increasingly complex models constructed with such rigour that, in harmony
with its basis in accounting, there is always one equation which is implied logically by
all the others. Readers will be able to download all the models and explore their
properties for themselves.
Table of Contents
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 Private Bank 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
576 pages, Paperback
Po otrzymaniu zamówienia poinformujemy,
czy wybrany tytuł polskojęzyczny lub
anglojęzyczny jest aktualnie na półce księgarni.
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