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ria9781138299924_rkm

Ria Christie English Books

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Uxbridge, GB

Modern Monetary Theory and European Macroeconomics by Dirk H. Ehnts

2 In stock
AUTHOR : Dirk H Ehnts
TYPE : Paperback / Softback
PUBLISHER : Taylor & Francis
LANGUAGE : English
PUBLISHED : Jun 2017
PAGES : 208

Modern Monetary Theory and European Macroeconomics by Dirk H. Ehnts

£4055
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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. Money after all is born on the balance sheets of the central bank or commercial bank. While households and firms hold accounts at banks with deposits banks hold an account at the central bank where deposits are called reserve
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