Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

The Flow of Funds in Theory and Practice

The Flow of Funds in Theory and Practice

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9789400936751
Condition
New
Product Description

The central emphasis in the book is on the transaction and the constraints that its architecture imposes on a discussion of monetary theory and policy. Because of their comprehensiveness and discipline the flow-of-funds accounts are the ideal vehicle for theorizing about real and financial interaction. Such int- action can best be understood when real and financial transac tions are expressed in a common flow dimension. Each decision by economic agents is seen as two-ended in terms of markets: one market supplies the source of funds and the second market absorbs these funds. A matrix of interdependent markets is featured throughout the theoretical discussion. Credit markets, and the bank credit market in particular, become the source of disturbance in the theoretical model, but the necessary involve ment of the money market is also stressed. Theories of finan cial instability and crisis now receiving considerable attention are part of the more general theory of the flow of funds. The rationale for the monetary authority to target credit rather than the monetary aggregates emerges from the analytical discus sion. A flow-constrained analysis clarifies interest-rate deter mination, provides a helpful format for discussing equilibrium and disequilibrium, integrates credit markets with the familiar IS-LM framework, and identifies a class of missing equations in macro-monetary theory. The prototype of the missing equations is an equation explaining monetary dissaving in terms of a series of arguments only one of which will be the stock of real balances or real wealth.

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$39.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$39.99 $39.99

$39.99
See Site In stock Visit Store

Similar Products

Normative Plurality in International Law

$129.99

Going Concern Opinion, Managementkompetenz und Insolvenzwahrscheinlichkeit

$74.99

Database Security X

$169.99

Unternehmenswertsteigerung durch strategische Desinvestitionen

$69.99

Cost-efficient Wastewater Treatment Technologies

$299.00

Talking About Second Language Acquisition

$109.99

Compounds of Germanium, Tin, and Lead, including Biological Activity and Commercial Application

$39.99

Identity, Policy, and Prosperity

$109.99

Betriebswirtschaftliche Fragen zu Steuern, Finanzierung, Banken und Management

$99.99

Sperm Competition in Butterflies

$129.00

A Primer on Complex Systems

$79.99

Clinical Ophthalmic Oncology

$109.99

Don't Panic with Mechanics!

$54.99

Gegen die Erhhung der Brausteuer

$59.99

Out of Darkness

$2.99

Income Inequality, Poverty, and Economic Welfare

$39.99

Mathematisch fr Anfnger

$37.99

Creating Flash Widgets with Flash CS4 and ActionScript 3.0

$24.99

Die Impulsstreuungsmomente in kollektiven Gesamtheiten

$59.99

Monitoring the Quality of Health Care

$129.00

Essentials of Pericyclic and Photochemical Reactions

$129.99

The Chemistry of Tobacco and Tobacco Smoke

$109.99

The Theory of Wages

$74.99

Cognitive Systems and Information Processing

$119.99

Integrated Process Design and Operational Optimization via Multiparametric Programming

$49.99

The Cell Membrane

$54.99

Die Mensuralnotenschrift des Zwlften und Dreizehnten Jahrhunderts

$59.99

7th International Symposium on High-Temperature Metallurgical Processing

$239.00

Bau und Bildung der Kristalle

$44.99

Verwurzelungen. Sarah Kirsch (wieder) lesen

$84.99

Alpha-1 Antitrypsin Deficiency

$159.99

Smart Antenna Systems and Wireless LANs

$84.99

Psychology and Education

$39.99

Mobile Edge Computing

$139.00

Intelligent Tutoring Systems

$54.99

Drug Discovery

$129.00

Langzeitverlauf nach Fontanoperation

$39.99

Untersuchung des Werkzeugbruches beim Voll-Vorwrts-Fliepressen

$59.99

Data Analytics for Internet of Things Infrastructure

$149.00

Ammonium

$54.99