Dirk H. Ehnts

Modern Monetary Theory and European Macroeconomics

• Broschiertes Buch

Produktbeschreibung

This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. Modern Monetary Theory and European Macroeconomics covers both the general case and then the Eurozone specifically.

Produktdetails

• Routledge International Studies in Money and Banking
• Verlag: Taylor & Francis Ltd
• Seitenzahl: 208
• Erscheinungstermin: 16. Juni 2017
• Englisch
• Abmessung: 233mm x 154mm x 15mm
• Gewicht: 348g
• ISBN-13: 9781138299924
• ISBN-10: 1138299928
• Artikelnr.: 48734895

Inhaltsangabe

Table of Contents
Introduction
Part I - Theoretical Foundations
Chapter 1. Substance and purposes of economic activity
Part II - Money and Credit
Chapter 2. Debts and balance sheets
Chapter 3. The creation of bank deposits (deposits)
Chapter 4. The creation of central bank deposits
Chapter 5. The instruments of a central bank (monetary policy)
Chapter 6. The creation of sovereign securities (fiscal policy)
Chapter 7. The sustainability of the financial system
Chapter 8. Inflation and deflation
Part III - Analysis
Chapter 9. A macroeconomic model
Chapter 10. Europe before the euro
Chapter 11. The situation with the euro
Part IV - Reform
Chapter 12. How do we restore demand?
Chapter 13. The future - with or without the euro?
Conclusion
Further readings
Index