Modern Monetary Theory
M. L. Burstein
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Description for Modern Monetary Theory
Paperback. Num Pages: 211 pages, biography. BIC Classification: KCB; KFF. Category: (G) General (US: Trade). Dimension: 216 x 140 x 13. Weight in Grams: 296.
Innovations in financial markets and in financial management, together with dramatic innovations in the substance and technique of monetary theory, have made it necessary to restate the theory of money and the theory of monetary policy. In order to provide a new monetary theory, the author treats fully the following material: choice of currency and the theory of convertibility; interest on money; speculation and rational expectations; implications of electronic-transfer settlement procedures for monetary theory, as well as other matters. The theories of Tobin are developed and exposited in detail, as is the work of Friedman.
Innovations in financial markets and in financial management, together with dramatic innovations in the substance and technique of monetary theory, have made it necessary to restate the theory of money and the theory of monetary policy. In order to provide a new monetary theory, the author treats fully the following material: choice of currency and the theory of convertibility; interest on money; speculation and rational expectations; implications of electronic-transfer settlement procedures for monetary theory, as well as other matters. The theories of Tobin are developed and exposited in detail, as is the work of Friedman.
Product Details
Format
Paperback
Publication date
1986
Publisher
Palgrave Macmillan United Kingdom
Number of pages
211
Condition
New
Number of Pages
211
Place of Publication
Basingstoke, United Kingdom
ISBN
9781349180721
SKU
V9781349180721
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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