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Money in Motion
. Ed(S): Deleplace, Ghislain; Nell, Edward J.
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Description for Money in Motion
Hardback. This volume provides a treatment of "endogenous money" and its relationship to finance. It compares American post-Keynesian and French circulation school as two ways of analyzing money in the economy. Editor(s): Deleplace, Ghislain; Nell, Edward J. Series: Jerome Levy Economics Institute. Num Pages: 783 pages, biography. BIC Classification: KCBM. Category: (P) Professional & Vocational. Dimension: 167 x 241 x 50. Weight in Grams: 1320.
In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can ... Read more
In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can ... Read more
Product Details
Format
Hardback
Publication date
1996
Publisher
Palgrave Macmillan United Kingdom
Number of pages
783
Condition
New
Series
Jerome Levy Economics Institute
Number of Pages
770
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333566954
SKU
V9780333566954
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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