Monetary Economics

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This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.
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This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.
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  • Formats: pdf
  • ISBN: 9781137085993
  • Publication Date: 30 Apr 2016
  • Publisher: Palgrave Macmillan UK
  • Product language: English
  • Drm Setting: DRM