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Monetary Economics 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Godley, Wynne/ Lavoie, Marc 作者

Palgrave Macmillan

译者

2007-2 出版日期

576 页数

$ 180.80 价格

HRD

丛书系列

9780230500556 图书编码

Monetary Economics 在线电子书图书标签: 经济学

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Monetary Economics 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Monetary Economics 在线电子书图书描述

This book challenges the mainstream paradigm, which is based on the inter-temporal optimisation of welfare by individual agents. It introduces a new methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets (including money) and liabilities, thereby determining how whole economies evolve through time. Starting with extremely simple stock flow consistent (SFC) models, the text describes a succession of increasingly complex models. Solutions of these models are used to illustrate ways in which whole economies evolve when shocked in various ways. Readers will be able to download all the models and explore their properties for themselves. A major conclusion is that economies require management via fiscal and monetary policy if full employment without inflation is to be achieved.

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