The Money Supply Process PDF Download

Author: Albert E. Burger
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 234

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Author: Yanfen Huang
Publisher: Peter Lang Pub Incorporated
ISBN: 9780820460680
Category : Business & Economics
Languages : en
Pages : 215

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Book Description
Frankfurt/M., Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2002. num. tab. and graph. European University Studies: Series 5, Economics and Management. Vol. 2931 This book applies both the mechanistic money multiplier model and the credit market theory to analyse the money supply process and monetary policy in china. It examines the effectiveness of the central bank's monetary policy instruments, and assesses the possible monetary policy strategy and operating procedure. The central theme is that the money supply has endogenous features due to the lack of an interest rate mechanism. Therefore, interest rate liberalisation is the key to improving the effectiveness of monetary policy in China. Contents: Money supply - Monetary policy in China - The central banking system - The monetary policy strategy - Operating target."

Author: Dimitrije Dimitrijević
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
A pioneering work in comparative monetary and financial studies, this is the first international comparative, empirical study of the money supply process (MSP) that involves all of the basic types of economies and institutional economic systems at all levels of economic development. As the authors note at the outset, the highly relative nature of the MSP contributes to wide differences in the MSP in different types of economies. Yet the MSP is one of the most important topics of both monetary theory and monetary practice. The comparative approach adopted here enables the authors to explain the differences that do occur in the MSP across economies and what causes them. By properly defining the general theory and overall monetary theory of MSP, the authors offer the reader both a better understanding of the national MSP and a broad framework of possibilities for improving the efficiency of monetary policy. The authors begin by describing their approach to an analysis of the MSP in national economies and the concepts and models used in this analysis. They then explain the classification of economies used in the study and their methodological approach, which is based on a two-dimensional flow of funds accounts matrix. Four chapters present the empirical evidence derived from this approach. Included are both a holistic analysis and a structural comparative analysis of the MSP. A separate chapter presents a comparative analysis involving 100 countries of the MSP during the 1978-83 time period. Finally, the authors look at the influence of the balance-of-payments and of domestic institutional sectors on the MSP. Their concluding chapters summarize their findings and point the way to further research in this area. Scholars and policymakers in economics, macroeconomics, and monetary policy will find this an illuminating addition to the literature of the money supply process.

Author: Josh Ryan-Collins
Publisher:
ISBN: 9781908506542
Category : Banks and banking
Languages : en
Pages : 186

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Book Description
Based on detailed research and consultation with experts, including the Bank of England, this book reviews theoretical and historical debates on the nature of money and banking and explains the role of the central bank, the Government and the European Union. Following a sell out first edition and reprint, this second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe.

Author: David Mayes
Publisher: Routledge
ISBN: 1134114346
Category : Business & Economics
Languages : en
Pages : 494

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Book Description
A mixture of academic and practitioner research, this is the most detailed book available that provides an account of open market operations. With broad international appeal it includes discussions of central bank operations in Europe, North America, Australia and Japan. Exploring the effectiveness of short-term interest rates and other modern cent

Author: William F Hummel
Publisher: iUniverse
ISBN: 0595424155
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
For centuries, money was viewed as tokens with intrinsic value, like gold or silver coins. Paper currencies were often used as substitutes, but they were only accepted on the promise they could be converted on demand into "hard money." The era of hard money ended in the mid-20th century. Today every major industrial nation creates its own currency in the form of intrinsically worthless tokens known as fiat money. Most other forms of money are viable only to the extent they can be converted on demand into the government's fiat money. Operating in a fractional reserve regime, banks expand the money supply by creating deposits as they issue loans to borrowers. Bank money is now the principal form of money used within the private sector. Some economists believe fractional reserve banking creates serious problems for the economy in terms of inflation and the misuse of credit. The last essay in this book examines in some detail the basic properties of a fully-backed depository system and proposes a particular implementation.

Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0

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Book Description
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.

Author: Marco Musella
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 664

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Book Description
This collection brings together a selection of previously published articles which outline the role of the money supply in the economic process from a post-Keynesian perspective, paying particular attention to the writings of N. Kaldor. The 32 articles date from 1957 to 1992.

Author: Andrew David Bain
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

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Author: George A. Selgin
Publisher: Rowman & Littlefield Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.