Money Matters

Some Puzzles, Anomalies and Crises in the Standard Macroeconomic Model de

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Description
The 2007 financial crisis and the Great Recession have prompted a debate about the state of macroeconomics, and many orthodox economists have argued that macroeconomics has entered a Dark Age. This book discusses the shortcomings of the standard macroeconomic model (SMM). The SMM failed to explain the real world and anticipate the global financial crises. The main reasons for this failure have been attributed to its inability to assign an active role of money and by the absence of appropriate modelling of financial markets. The book also discusses how the SMM can be reformed to better account for the real world and policy prescriptions, such as the Chicago Plan, that can reduce the risks emanating from excessive money creation by banks.
Pages
146 pages
Collection
n.c
Parution
2017-06-14
Marque
Peter Lang GmbH, Internationaler Verlag der Wissenschaften
EAN papier
9783631721452
EAN PDF
9783631721469

Informations sur l'ebook
Nombre pages copiables
29
Nombre pages imprimables
29
Taille du fichier
2243 Ko
Prix
21,05 €
EAN EPUB
9783631721476

Informations sur l'ebook
Nombre pages copiables
29
Nombre pages imprimables
29
Taille du fichier
3195 Ko
Prix
21,05 €

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