Download or read book The Economics of the Money Supply written by Chamber of Commerce of the United States of America. Committee on Economic Policy and published by . This book was released on 1948 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How Credit money Shapes the Economy The United States in a Global System written by Robert Guttmann and published by Routledge. This book was released on 2016-09-16 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text examines money, credit, and economic activity in the increasingly integrated global economy. It focuses on the problems afflicting the United States as it adapts to the transformation of the world economy.

Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Download or read book Credit Interest Rates and the Open Economy written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book should be on the reading list of every graduate course in monetary economics. The distinguished contributors not only examine and discuss the nature of money and the conduct of monetary policy in a modern credit economy, but also take an historical perspective through the writings of Cassel, Wicksell, Sraffa and Hicks, as well as Keynes and Kaldor, and extend the theory of money endogeneity (or "horizontalism") to the open economy and economic growth. Interested readers have a feast before them.' - A.P. Thirlwall, University of Kent at Canterbury, UK The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of credit and money. This book extends horizontalism beyond its traditional boundaries and makes it consistent with the post-Keynesian theories of output and the open economy. The authors compare and contrast the horizontalist position with various orthodox and non-orthodox views on money. They argue that horizontalism is perfectly compatible with liquidity preference, credit constraints, and a flexible interest-rate mark-up, and address recent developments in banking that reinforce the validity of a horizontal schedule of credit-money. The overall intention is to place horizontalism within the current heterodox tradition as a general theory of the creation of money that is consistent with the post-Keynesian view on macroeconomic policy.

Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Download or read book Bank Credit Money and Inflation in Open Economies written by Michele Fratianni and published by . This book was released on 1976 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Inflation written by Henry Parker Willis and published by . This book was released on 1935 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Prepared under the auspices of the Columbia University Council for Research in the Social Sciences."The present monograph is a companion volume of the author's The banking situation published in 1934. cf. Pref. pt. 1. Contemporary aspects of American inflation, by H.P. Willis and J.M. Chapman.--pt. 2. Supplementary essays, by various authors.

Download or read book Money Banking and Economic Activity written by Gail E. Makinen and published by Academic Press. This book was released on 2014-05-10 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money, Banking, and Economic Activity focuses on the use of macro- and microeconomic theory in the analysis of the interrelations of money, banking, and economic activity. The book first underscores the importance and definition of money and financial intermediaries. Discussions focus on financial intermediaries and risk reduction, ability of intermediaries to decrease their own risks, effect of inflation on credit monies, and empirical definition of money. The text then examines the supply of money and the economic role of nonmoney-creating financial intermediaries, including thrift institutions and monetary policy, federal funds and repurchase agreements, monetary analysis and the place of thrift institutions, and developments altering the functions of financial intermediaries. The publication takes a look at the evolution of the international monetary system, money in an open economy, electronic fund transfers, and the Gibson paradox and the term structure of interest rates. Topics include level of interest rates, importance of theories of the term structure, market structure of financial institutions, theory of the supply of money, and foreign exchanges and the balance of payments. The manuscript is a valuable source of data for researchers interested in the interrelations of money, banking, and economic activity.

Download or read book Bank Credit Money and Inflation in Open Economics written by Michele Fratianni and published by . This book was released on 1976 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics of Money and Banking written by George Nikolaus Halm and published by . This book was released on 1956 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Money Inflation and Unemployment written by David Gowland and published by Palgrave Macmillan. This book was released on 1992-01-12 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the theoretical debate concerning the role of money and financial factors determining real economic activity.

Download or read book Bank credit money and inflation in open economies written by Heinz Pütz and published by Duncker & Humblot. This book was released on 1976 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of the Money Supply written by Chamber of Commerce of the United States of America and published by . This book was released on 1956 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monetary Policy in an Open Economy written by Marius Wilhelm Holtrop and published by Princeton, N.J. : International Finance Section, Department of Economics, Princeton University. This book was released on 1963 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Money Bank Credit and Economic Cycles written by Jesús Huerta de Soto and published by Ludwig von Mises Institute. This book was released on 2006 with total page 938 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book What Measure of Inflation Should a Developing Country Central Bank Target written by Rahul Anand and published by International Monetary Fund. This book was released on 2015-09-23 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We analyze this result in the context of developing economies, where a large proportion of households are credit constrained and the share of food expenditures in total consumption expenditures is high. We develop an open economy model with incomplete financial markets to show that headline inflation targeting improves welfare outcomes. We also compute the optimal price index, which includes a positive weight on food prices but, unlike headline inflation, assigns zero weight to import prices.

Download or read book Money and Credit written by Liang Wang and published by International Monetary Fund. This book was released on 2017-02-10 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a theory of money and credit as competing payment instruments, then put it to work in applications. Buyers can use cash or credit, with the former (latter) subject to the inflation tax (transaction costs). Frictions that make the choice of payment method interesting also imply equilibrium price dispersion. We deliver closed-form solutions for money demand. We then show the model can simultaneously account for the price-change facts, cash-credit shares in micro payment data, and money-interest correlations in macro data. We analyze the effects of inflation on welfare, price dispersion and markups. We also describe nonstationary equilibria as self-fulfilling prophecies, which is standard, except here it entails dynamics in the price distribution.