Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth - Softcover

Godley, W.; Lavoie, M.

 
9781349352739: Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth

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Synopsis

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

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