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Monetary Economics: An Integrated Approach to Credit, Money, Income, Product...
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Located in: Laurel, Maryland, United States
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- 99.2% positive feedback
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eBay item number:235530048284
Item specifics
- Condition
- Release Year
- 2007
- Book Title
- Monetary Economics: An Integrated Approach to Credit, Money, I...
- ISBN
- 9780230500556
- Subject Area
- Business & Economics
- Publication Name
- Monetary Economics : an Integrated Approach to Credit, Money, Income, Production and Wealth
- Item Length
- 8.5 in
- Publisher
- Palgrave Macmillan The Limited
- Subject
- Finance / General, Economics / Macroeconomics, Econometrics, Money & Monetary Policy
- Publication Year
- 2006
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Item Height
- 1.2 in
- Item Width
- 5.5 in
- Item Weight
- 30 Oz
- Number of Pages
- Xliii, 530 Pages
About this product
Product Information
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.
Product Identifiers
Publisher
Palgrave Macmillan The Limited
ISBN-10
0230500552
ISBN-13
9780230500556
eBay Product ID (ePID)
56947484
Product Key Features
Publication Name
Monetary Economics : an Integrated Approach to Credit, Money, Income, Production and Wealth
Format
Hardcover
Language
English
Subject
Finance / General, Economics / Macroeconomics, Econometrics, Money & Monetary Policy
Publication Year
2006
Type
Textbook
Subject Area
Business & Economics
Number of Pages
Xliii, 530 Pages
Dimensions
Item Length
8.5 in
Item Height
1.2 in
Item Width
5.5 in
Item Weight
30 Oz
Additional Product Features
LCCN
2006-049315
Number of Volumes
1 Vol.
Lc Classification Number
Hb172.5
Reviews
'The framework that Godley and Lavoie develop, with a consistent numerical and simulational handle on the various models, is a return to a majestic Wicksellian tradition A whole generation of graduate students have been brought up on policy nihilism, bordering on paralysis in the face of policy dilemmas. A new generation, armed with the tools, concepts and models developed by Godley and Lavoie, can now return to the grand traditions of macroeconomics as an experimental science, focusing on policy.' K. Vela Velupillai, Fellow, Girton College, Cambridge, UK, and Professor of Economics, University of Trento, Italy 'Wynne Godley has been the moving force behind keeping quantitative non-mainstream macroeconomics alive and flourishing for the last several decades...His work is inspiring, and will guide policy-oriented macroeconomic modellers for decades to come.' Lance Taylor, Cambridge Journal of Economics '...[This] clearly deserves to become a standard reference for everybody interested in SFC modelling in particular and modern macroeconomics in general. There are already first signs that other economists are indeed inspired by this way of thinking about the economy...' - Till van Treeck, Intervention, European Journal of Economics and Economic Policies
Table of Content
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
Copyright Date
2007
Target Audience
Scholarly & Professional
Dewey Decimal
332.4
Dewey Edition
22
Illustrated
Yes
Item description from the seller
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eBay item number:235530048284
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