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J. Cohen

The Flow of Funds in Theory and Practice

A Flow-Constrained Approach to Monetary Theory and Policy

Buch

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 theor… Mehr

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Produktdetails


  • ISBN: 978-94-010-8145-0
  • EAN: 9789401081450
  • Produktnummer: 16100308
  • Verlag: Springer Netherlands
  • Sprache: Englisch
  • Erscheinungsjahr: 2011
  • Seitenangabe: 352 S.
  • Masse: H24.0 cm x B16.0 cm x D1.8 cm 563 g
  • Auflage: Softcover reprint of the original 1st ed. 1987
  • Abbildungen: Paperback
  • Gewicht: 563

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