Cover image for Money, Credit and Price Stability.
Money, Credit and Price Stability.
Title:
Money, Credit and Price Stability.
Author:
Dalziel, Paul.
ISBN:
9780203187852
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (194 pages)
Series:
Routledge International Studies in Money and Banking
Contents:
Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- List of Tables -- List of Figures -- Foreword -- Preface -- 1 The quest for price stability -- 2 What is money? -- 3 Credit-money and inflation -- 4 Critical realism and process analysis -- 5 Keynes's revolving fund of investment finance -- 6 Davidson's analysis of the revolving fund -- 7 A theory of credit-money inflation -- 8 Inflation and growth -- 9 Fiscal deficits and inflation -- 10 Monetary policy and price stability -- 11 Conclusion -- Appendix: Notation -- Notes -- References -- Index.
Abstract:
Beginning with the development of credit-money theory in the twentieth century, Paul Dalziel derives a model that explains how interest rates are used by authorities to maintain price stability. His conclusions suggest ways in which the current policy framework can be improved to promote growth, without sacrificing that stability.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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