£116.48

Routledge Modern Monetary Theory and European Macroeconomics

Name: Routledge Modern Monetary Theory and European Macroeconomics
Brand: Routledge
Price: 116.48 GBP
Availability: InStock

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Description

Modern Monetary Theory and European Macroeconomics offers a fresh methodological approach to understanding money and macroeconomics. Moving away from abstract equilibrium models that often miss the fundamental issues of a modern monetary economy, this book focuses on the stylized balance sheets of primary economic actors. By examining how money is born on the balance sheets of central and commercial banks, this text provides a practical framework for understanding the monetary system. It explains the relationship between households, firms, and banks, specifically how bank deposits relate to central bank reserves. This perspective is essential for anyone looking to understand the mechanics of the two monetary circuits: central bank deposits and bank deposits. This Routledge International Study in Money and Banking serves as a necessary resource for students and professionals studying international accounting and macroeconomics.

Key Features

Provides a new methodological approach to money and macroeconomics by focusing on balance sheets rather than abstract models.

Explains the fundamental origins of money within the balance sheets of central and commercial banks.

Details the relationship between household/firm bank deposits and central bank reserves.

Analyzes the two distinct monetary circuits involving central bank deposits and bank deposits.

Part of the Routledge International Studies in Money and Banking series for academic depth.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1138654779
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Public
Domain: Amazon UK
Release Date: 01 July 2016
Listed Since: 11 January 2016

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Routledge Modern Monetary Theory and European Macroeconomics

It has never been this cheap. We have no record of a lower price.

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