《Towards a New Paradigm in Monetary Economics (Raffaele Mattioli Lectures)》电子书下载
Towards a New Paradigm in Monetary Economics (Raffaele Mattioli Lectures)txt,chm,pdf,epub,mobi下载
作者:
Joseph Stiglitz
/
Bruce Greenwald
出版社: Cambridge University Press 出版年: 2003-10-06 页数: 344 定价: USD 92.00 装帧: Hardcover ISBN: 9780521810340
内容简介
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Towards a New Paradigm for Monetary Economics presents a pioneer treatment of critical topics in monetary economics. Unlike the prevailing monetary theory, this book focuses not on the role of money in facilitating transactions, but on the role of credit in facilitating economic activities more broadly. The 'new paradigm' emphasizes the demand and supply of loanable funds, whic...
Towards a New Paradigm for Monetary Economics presents a pioneer treatment of critical topics in monetary economics. Unlike the prevailing monetary theory, this book focuses not on the role of money in facilitating transactions, but on the role of credit in facilitating economic activities more broadly. The 'new paradigm' emphasizes the demand and supply of loanable funds, which in turn requires the understanding of the imperfections of information and the role of banks. One enlightening view is that credit is quite different from other commodities in the sense that the former is based on information and default risk. The book consists of two parts. The first part develops a basic model of credit based on banks' portfolio choices. The second part is dedicated to the policy implications, among which are the liberalization of financial markets, the East Asian Crisis, the 1991 US recession and the subsequent recovery.
感觉真是不错。
忍不住一直看下去
以前就看过的书
内容还是很好的