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The Flow of Funds in Theory and Practice. A Flow-constrained Approach to Monetary Theory and Policy.
J. Cohen
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Description for The Flow of Funds in Theory and Practice. A Flow-constrained Approach to Monetary Theory and Policy.
Paperback. Series: Financial and Monetary Policy Studies. Num Pages: 351 pages, biography. BIC Classification: KCB. Category: (P) Professional & Vocational. Dimension: 240 x 160 x 19. Weight in Grams: 562.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer Netherlands
Number of pages
351
Condition
New
Series
Financial and Monetary Policy Studies
Number of Pages
343
Place of Publication
Dordrecht, Netherlands
ISBN
9789401081450
SKU
V9789401081450
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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