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Item Details
| Title:
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INFLATION THEORY IN ECONOMICS
WELFARE, VELOCITY, GROWTH AND BUSINESS CYCLES |
| By: |
Max Gillman |
| Format: |
Paperback |
| List price:
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£51.99 |
| Our price: |
£46.79 |
| Discount: |
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| You save:
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£5.20 |
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| ISBN 10: |
041586481X |
| ISBN 13: |
9780415864817 |
| Availability: |
Usually dispatched within 1-3 weeks.
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| Stock: |
Currently 0 available |
| Publisher: |
TAYLOR & FRANCIS LTD |
| Pub. date: |
22 May, 2013 |
| Series: |
Routledge International Studies in Money and Banking |
| Pages: |
424 |
| Description: |
These essays bring together a progression in monetary theory. The major theme that runs through all of the chapters is that in order to do monetary economics well in general equilibrium, it helps to have a good money demand underlying the theory. |
| Synopsis: |
These essays bring together a progression in monetary theory. The major theme that runs through all of the chapters is that in order to do monetary economics well in general equilibrium, it helps to have a good money demand underlying the theory. A proper underlying money demand sets up arguably the best foundation from which to make extensions of monetary economics from the basic model. At the same time that money demand is modelled, this also "endogenizes" the velocity of money. This has been a challenge in the literature that these essays solve and then use to extend basic neoclassical growth and business cycle theory. Solving this problem, in a way that is a natural, direct, and "micro-founded" extension of the standard monetary theory is the first major contribution of the collection. The second major contribution is the extension of the neoclassical monetary models, using this solution, to reinvigorate classic issues of monetary economics and take them to the frontier. |
| Illustrations: |
58 black & white tables, 50 black & white line drawings |
| Publication: |
UK |
| Imprint: |
Routledge |
| Returns: |
Returnable |
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A celebratory, inclusive and educational exploration of Ramadan and Eid al-Fitr for both children that celebrate and children who want to understand and appreciate their peers who do.
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