From gold to Euro: on monetary theory and the history of currency systems ; with 16 tables
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Berlin
Springer
2010
|
| Ausgabe: | [1. ed., softcover version of original hardcover ed. 2001] |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | X, 220 S. graph. Darst. |
| ISBN: | 9783642074837 3642074839 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV036953752 | ||
| 003 | DE-604 | ||
| 005 | 20120320 | ||
| 007 | t | ||
| 008 | 110113s2010 d||| |||| 00||| eng d | ||
| 016 | 7 | |a 1009090755 |2 DE-101 | |
| 020 | |a 9783642074837 |c Pb. : EUR 112.30 (DE) (freier Pr.), sfr 150.50 (freier Pr.) |9 978-3-642-07483-7 | ||
| 020 | |a 3642074839 |c Pb. : EUR 112.30 (DE) (freier Pr.), sfr 150.50 (freier Pr.) |9 3-642-07483-9 | ||
| 024 | 3 | |a 9783642074837 | |
| 028 | 5 | 2 | |a Best.-Nr.: 12876327 |
| 035 | |a (OCoLC)780100872 | ||
| 035 | |a (DE-599)DNB1009090755 | ||
| 040 | |a DE-604 |b ger |e rakddb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-M382 |a DE-473 | ||
| 084 | |a QK 200 |0 (DE-625)141634: |2 rvk | ||
| 100 | 1 | |a Spahn, Peter |d 1950- |e Verfasser |0 (DE-588)120692775 |4 aut | |
| 245 | 1 | 0 | |a From gold to Euro |b on monetary theory and the history of currency systems ; with 16 tables |c Heinz-Peter Spahn |
| 250 | |a [1. ed., softcover version of original hardcover ed. 2001] | ||
| 264 | 1 | |a Berlin |b Springer |c 2010 | |
| 300 | |a X, 220 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 0 | 7 | |a Internationales Währungssystem |0 (DE-588)4072901-1 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Internationale Währungspolitik |0 (DE-588)4162061-6 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Währungssystem |0 (DE-588)4121891-7 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Monetäre Wachstumstheorie |0 (DE-588)4724050-7 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Euro |g Währung |0 (DE-588)4408931-4 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Euro |g Währung |0 (DE-588)4408931-4 |D s |
| 689 | 0 | 1 | |a Währungssystem |0 (DE-588)4121891-7 |D s |
| 689 | 0 | 2 | |a Monetäre Wachstumstheorie |0 (DE-588)4724050-7 |D s |
| 689 | 0 | |5 DE-604 | |
| 689 | 1 | 0 | |a Internationales Währungssystem |0 (DE-588)4072901-1 |D s |
| 689 | 1 | 1 | |a Internationale Währungspolitik |0 (DE-588)4162061-6 |D s |
| 689 | 1 | |8 1\p |5 DE-604 | |
| 856 | 4 | 2 | |m Digitalisierung UB Bamberg |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020868754&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-020868754 | ||
| 883 | 1 | |8 1\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
Datensatz im Suchindex
| _version_ | 1804143675514552320 |
|---|---|
| adam_text | Contents
Introduction
......................................................................................................... 1
PARTI
ON
THE THEORY OF A MONETARY ECONOMY
................................... 7
1.
Market Organization and Monetary Contracts
...................................... 7
1.1
Standard of Value and Means of Payment: A Credit Theory of Money
...... 7
1.2
The Organization of Society as a Payment Economy
................................ 12
1.3
Money as a Public Good
............................................................................ 15
2.
Money, Interest and Capital
................................................................... 18
2.1
Neutrality of Money versus Nominal-Standard Economy
......................... 18
Box
1:
General Equilibrium Theory and Money
....................................... 19
2.2
Time, Interest and Money: The Myth of an
Intertemporal
Economy
........ 25
Box
2:
Time Preference and
Intertemporal
Prices
.................................... 28
2.3
Capital as Cash Advance: The Monetary Theory of the Rate of Interest
.. 32
Box
3:
The Marginal Productivity of Capital and the Rate of Interest
...... 33
2.4
Equilibrium and Employment in a Monetary Economy
............................ 39
Box
4:
Money and Unemployment
............................................................. 41
Summary of Part I
............................................................................................ 44
PARTII
BANKING AND THE RISE OF MONETARY POLICY
............................ 47
3.
Banks as Creators of Money
................................................................... 47
3.1
Money as a Regulated Medium
................................................................. 47
Box
5:
Banking Business and the Liquidity Problem
................................. 49
3.2
Metallic Money, Bank Deposits and Government Money
......................... 52
Boxò:
Financing International Trade
....................................................... 54
3.3
The Backing of Money in the Banking Doctrine
.................................... 57
Box
7:
The Property Theory of Money and Interest
.................................. 60
3.4
The Monetary Logic of Mercantilism
........................................................ 63
Box
8:
Free Trade and Welfare Gains
....................................................... 66
4.
The Emergence of Central Banking in England
................................... 69
4.1
The Foundation of the Bank of England
.................................................... 69
viii Contents
Box
9:
Bimetallism and Gresham s Law
.................................................... 73
4.2
Suspension and Resumption of the Gold Standard:
The Bullion Controversy
............................................................................ 73
4.3
From Palmer s Rule to Peel s Act: The Separation of Money and Credit
.. 77
4.4
The Currency-Banking Controversy on the Elasticity of Money Supply
.. 83
4.5
Interest Rate Policy and the Two-Tiered Banking System
........................ 88
Summary of Part II
........................................................................................... 94
PARTIU
THE EVOLUTION OF KEY CURRENCY SYSTEMS:
A GAME-THEORETIC PERSPECTIVE
...................................................... 97
5.
The Hegemony of Pound Sterling in the Gold Standard
...................... 97
5.1
The Gold Standard as an International Monetary System
......................... 97
Box
10:
The Rules of the International Gold Standard,
1879-1913 .......... 99
5.2
London as the World s Banker
................................................................. 101
5.3
Macroeconomic
Interdependence in a Game-Theoretic Model
............... 106
Box
11:
The Economic Logic of Reaction Functions and Loss Curves
... 110
5.4
Money Demand Effects of Sterling as a Reserve Currency
..................... 113
5.5
Different Policy Preferences and Shocks
................................................. 116
5.6
The End of the Game: From the Gold to the Wage Standard
.................. 121
6.
The Loss of Credibility and Stability in the
Bretton
Woods System
. 126
6.1
American Monetary Policy Without a Nominal Anchor?
........................ 126
Box
12:
The
Bretton
Woods Agreement in
1945 -
The Spirit of the Treaty
............................................................................ 127
Box
13:
The Fixed-Rate Dollar Standard,
1950-70................................. 129
6.2
The
Bretton
Woods Model
...................................................................... 130
6.3
Triffin s Dilemma: The Liquidity Problem of the Federal Reserve
......... 136
6.4
The Deterioration of the External Balance and World Inflation
.............. 140
7.
The European Paper Money Standard: A DM Club
..................... 144
7.1
The Determination of the Key Currency by Market Forces
..................... 144
Box
14:
The European Monetary System in
1979 -
The Spirit of the Treaty
............................................................................ 145
Box
15:
The European Monetary System as a
Greater Deutsche Mark Area
1979-92 .................................................... 148
7.2
The Advantage of Fighting Inflation With Tied Hands
........................ 150
7.3
Blowing up the EMS by the Bundesbank s Stabilization Policies
........... 154
Box
16:
The
Macroeconomic
Consequences of
German Currency Union
......................................................................... 156
Contents ix
7.4
The Conflict between Internal and External Equilibrium
in the Key Currency Country
................................................................... 160
Summary of Part III
....................................................................................... 164
PART IV
THE EURO IN THE WORLD ECONOMY
................................................ 169
8.
A Monetary Union With a Denationalized Currency
......................... 169
8.1
The EMU Project: A Political Reform with Obscure Ends
..................... 169
8.2
Monetary Policy and Price Stability
........................................................ 173
9.
The Multiple International Monetary Standard
................................. 179
9.1
Interest Rate Parity Condition and the Exchange Rate Random Walk
.... 179
9.2
Toward a Bipolar Euro-Dollar System
.................................................... 183
Summary of Part IV
....................................................................................... 187
List of Figures
................................................................................................... 191
List of Tables
.................................................................................................... 193
References
......................................................................................................... 195
Index
................................................................................................................. 213
|
| any_adam_object | 1 |
| author | Spahn, Peter 1950- |
| author_GND | (DE-588)120692775 |
| author_facet | Spahn, Peter 1950- |
| author_role | aut |
| author_sort | Spahn, Peter 1950- |
| author_variant | p s ps |
| building | Verbundindex |
| bvnumber | BV036953752 |
| classification_rvk | QK 200 |
| ctrlnum | (OCoLC)780100872 (DE-599)DNB1009090755 |
| discipline | Wirtschaftswissenschaften |
| edition | [1. ed., softcover version of original hardcover ed. 2001] |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02253nam a2200493 c 4500</leader><controlfield tag="001">BV036953752</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20120320 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">110113s2010 d||| |||| 00||| eng d</controlfield><datafield tag="016" ind1="7" ind2=" "><subfield code="a">1009090755</subfield><subfield code="2">DE-101</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9783642074837</subfield><subfield code="c">Pb. : EUR 112.30 (DE) (freier Pr.), sfr 150.50 (freier Pr.)</subfield><subfield code="9">978-3-642-07483-7</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">3642074839</subfield><subfield code="c">Pb. : EUR 112.30 (DE) (freier Pr.), sfr 150.50 (freier Pr.)</subfield><subfield code="9">3-642-07483-9</subfield></datafield><datafield tag="024" ind1="3" ind2=" "><subfield code="a">9783642074837</subfield></datafield><datafield tag="028" ind1="5" ind2="2"><subfield code="a">Best.-Nr.: 12876327</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)780100872</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)DNB1009090755</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakddb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-M382</subfield><subfield code="a">DE-473</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QK 200</subfield><subfield code="0">(DE-625)141634:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Spahn, Peter</subfield><subfield code="d">1950-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)120692775</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">From gold to Euro</subfield><subfield code="b">on monetary theory and the history of currency systems ; with 16 tables</subfield><subfield code="c">Heinz-Peter Spahn</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">[1. ed., softcover version of original hardcover ed. 2001]</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Berlin</subfield><subfield code="b">Springer</subfield><subfield code="c">2010</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">X, 220 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Internationales Währungssystem</subfield><subfield code="0">(DE-588)4072901-1</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Internationale Währungspolitik</subfield><subfield code="0">(DE-588)4162061-6</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Währungssystem</subfield><subfield code="0">(DE-588)4121891-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Monetäre Wachstumstheorie</subfield><subfield code="0">(DE-588)4724050-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Euro</subfield><subfield code="g">Währung</subfield><subfield code="0">(DE-588)4408931-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Euro</subfield><subfield code="g">Währung</subfield><subfield code="0">(DE-588)4408931-4</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Währungssystem</subfield><subfield code="0">(DE-588)4121891-7</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Monetäre Wachstumstheorie</subfield><subfield code="0">(DE-588)4724050-7</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="689" ind1="1" ind2="0"><subfield code="a">Internationales Währungssystem</subfield><subfield code="0">(DE-588)4072901-1</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="1" ind2="1"><subfield code="a">Internationale Währungspolitik</subfield><subfield code="0">(DE-588)4162061-6</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Bamberg</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020868754&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-020868754</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield></record></collection> |
| id | DE-604.BV036953752 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T22:51:26Z |
| institution | BVB |
| isbn | 9783642074837 3642074839 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-020868754 |
| oclc_num | 780100872 |
| open_access_boolean | |
| owner | DE-M382 DE-473 DE-BY-UBG |
| owner_facet | DE-M382 DE-473 DE-BY-UBG |
| physical | X, 220 S. graph. Darst. |
| publishDate | 2010 |
| publishDateSearch | 2010 |
| publishDateSort | 2010 |
| publisher | Springer |
| record_format | marc |
| spelling | Spahn, Peter 1950- Verfasser (DE-588)120692775 aut From gold to Euro on monetary theory and the history of currency systems ; with 16 tables Heinz-Peter Spahn [1. ed., softcover version of original hardcover ed. 2001] Berlin Springer 2010 X, 220 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Internationales Währungssystem (DE-588)4072901-1 gnd rswk-swf Internationale Währungspolitik (DE-588)4162061-6 gnd rswk-swf Währungssystem (DE-588)4121891-7 gnd rswk-swf Monetäre Wachstumstheorie (DE-588)4724050-7 gnd rswk-swf Euro Währung (DE-588)4408931-4 gnd rswk-swf Euro Währung (DE-588)4408931-4 s Währungssystem (DE-588)4121891-7 s Monetäre Wachstumstheorie (DE-588)4724050-7 s DE-604 Internationales Währungssystem (DE-588)4072901-1 s Internationale Währungspolitik (DE-588)4162061-6 s 1\p DE-604 Digitalisierung UB Bamberg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020868754&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Spahn, Peter 1950- From gold to Euro on monetary theory and the history of currency systems ; with 16 tables Internationales Währungssystem (DE-588)4072901-1 gnd Internationale Währungspolitik (DE-588)4162061-6 gnd Währungssystem (DE-588)4121891-7 gnd Monetäre Wachstumstheorie (DE-588)4724050-7 gnd Euro Währung (DE-588)4408931-4 gnd |
| subject_GND | (DE-588)4072901-1 (DE-588)4162061-6 (DE-588)4121891-7 (DE-588)4724050-7 (DE-588)4408931-4 |
| title | From gold to Euro on monetary theory and the history of currency systems ; with 16 tables |
| title_auth | From gold to Euro on monetary theory and the history of currency systems ; with 16 tables |
| title_exact_search | From gold to Euro on monetary theory and the history of currency systems ; with 16 tables |
| title_full | From gold to Euro on monetary theory and the history of currency systems ; with 16 tables Heinz-Peter Spahn |
| title_fullStr | From gold to Euro on monetary theory and the history of currency systems ; with 16 tables Heinz-Peter Spahn |
| title_full_unstemmed | From gold to Euro on monetary theory and the history of currency systems ; with 16 tables Heinz-Peter Spahn |
| title_short | From gold to Euro |
| title_sort | from gold to euro on monetary theory and the history of currency systems with 16 tables |
| title_sub | on monetary theory and the history of currency systems ; with 16 tables |
| topic | Internationales Währungssystem (DE-588)4072901-1 gnd Internationale Währungspolitik (DE-588)4162061-6 gnd Währungssystem (DE-588)4121891-7 gnd Monetäre Wachstumstheorie (DE-588)4724050-7 gnd Euro Währung (DE-588)4408931-4 gnd |
| topic_facet | Internationales Währungssystem Internationale Währungspolitik Währungssystem Monetäre Wachstumstheorie Euro Währung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020868754&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT spahnpeter fromgoldtoeuroonmonetarytheoryandthehistoryofcurrencysystemswith16tables |