The digital edition of all books may be viewed on our website before purchase. Excerpt from A Monetary Equilibrium Model With Transactions Costs
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book innovatively tackles monetary equilibrium in a world where people hold money exclusively for day-to-day transactions, making it a useful addition to the body of literature on monetary theory. Unlike prior models that either completely disregarded transaction motives or assumed uncertainty, this book incorporates both factors. It innovatively proves that in such a world, government spending and monetary policy can influence economic output and interest rates. Its research also highlights the impact of inflation on consumer spending and social welfare, and concludes that governments wanting to minimize the negative impact of inflation should seek to set inflation at a level consistent with the prevailing discount rate. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332270606_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332270606
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332270606
Quantité disponible : 15 disponible(s)