Money and the Economic Process
The common ground between money's role in the economic process at the regional, national and international levels has been highlighted by developments in Europe. Money and the Economic Process provides a theoretical perspective for understandin that role, and working out policy solutions within a changing behavioural and institutional environment.
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Methodology and the Analysis of a Monetary Economy
Money Supply Endogeneity
Speculation and the Monetary Circuit with Particular
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activity adjustment allows analysis approach argument assets availability balance of payments banking system base behaviour borrowing branch capacity capital capital account central bank Centre changes Chapter confidence context conventional credit creation crisis currency debt demand dependency deposits determined developing countries direct discussion domestic economy effects endogenous equilibrium example exchange exchange rate exogenous expectations expenditure export extend fact factors financial institutions financial system flows foreign framework function funds further given greater growth higher hold imbalance important income increase influence interest interest rate investment issue Keynes lending limited liquidity preference means monetary money supply multiplier outflows particular Periphery portfolio possible Post Keynesian problems production provides question reduced regional relative reserves respect result returns rise risk role sector significance speculative structure suggested theory trade transactions uncertainty variables