Money and employment: a study of the theoretical implications of endogenous money

"Money and Employment examines the analytical role of money within classical, neoclassical and Keynesian theories of output and employment." "The book argues that an endogenously determined money supply is inconsistent with the essential structure of neoclassical economic theory but a...

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Bibliographic Details
Main Author: Docherty, Peter (Author)
Format: Book
Language:English
Published: Cheltenham, UK [u.a.] Edward Elgar Pub. 2005
Subjects:
Summary:"Money and Employment examines the analytical role of money within classical, neoclassical and Keynesian theories of output and employment." "The book argues that an endogenously determined money supply is inconsistent with the essential structure of neoclassical economic theory but a necessary condition for a long run interpretation of Keynes's theory of unemployment. It carefully examines Nicholas Kaldor's theory of endogenous money, linking it with Kaldor's treatment of interest and employment." "Exploring the theoretical structure and implications of endogenous money, this book will be a fascinating read for a wide ranging audience, including: academics, students and researchers with an interest in the role of money and interest rates in economic systems, and more specifically, Post Keynesian theorists, macroeconomists, central bankers, and historians of economic thought."--BOOK JACKET.
Item Description:Includes bibliographical references
Physical Description:VII, 383 S. graph. Darst.
ISBN:1840648627

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