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Money, Credit and Price Stability is innovative new work that will prove to be essential reading for not only advanced students and academics with an interest in Keynesian economics, but also for professionals concerned with monetary theory and policy.
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.

Produktbeschreibung
Money, Credit and Price Stability is innovative new work that will prove to be essential reading for not only advanced students and academics with an interest in Keynesian economics, but also for professionals concerned with monetary theory and policy.
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.
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Autorenporträt
Paul Dalziel