Money and value: a reconsideration of classical and neoclassical monetary theories
This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, throu...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
1983
|
| Schriftenreihe: | Econometric Society monographs
5 |
| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 URL des Erstveröffentlichers |
| Zusammenfassung: | This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system. Jean-Michel Grandmont sheds light on this complex subject by using the analytical techniques of general equilibrium theory alongside the methods of monetary analysis. The book warns against the indiscriminate use of the rational expectations hypothesis when approaching this topic, and conversely stresses the common-sense observation that short-run learning processes are among the most important characteristics of economic agents. Grandmont argues that such processes are deserving of careful theoretical study, and the result is a clear and rigorous analysis of all the issues involved |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xii, 199 pages) |
| ISBN: | 9781139052122 |
| DOI: | 10.1017/CCOL0521251419 |
Internformat
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| 245 | 1 | 0 | |a Money and value |b a reconsideration of classical and neoclassical monetary theories |c Jean-Michel Grandmont |
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| 500 | |a Title from publisher's bibliographic system (viewed on 05 Oct 2015) | ||
| 520 | |a This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system. Jean-Michel Grandmont sheds light on this complex subject by using the analytical techniques of general equilibrium theory alongside the methods of monetary analysis. The book warns against the indiscriminate use of the rational expectations hypothesis when approaching this topic, and conversely stresses the common-sense observation that short-run learning processes are among the most important characteristics of economic agents. Grandmont argues that such processes are deserving of careful theoretical study, and the result is a clear and rigorous analysis of all the issues involved | ||
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Datensatz im Suchindex
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| author | Grandmont, Jean-Michel |
| author_facet | Grandmont, Jean-Michel |
| author_role | aut |
| author_sort | Grandmont, Jean-Michel |
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| dewey-full | 332.4/01 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.4/01 |
| dewey-search | 332.4/01 |
| dewey-sort | 3332.4 11 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CCOL0521251419 |
| format | Electronic eBook |
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| institution | BVB |
| isbn | 9781139052122 |
| language | English |
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| spelling | Grandmont, Jean-Michel Verfasser aut Money and value a reconsideration of classical and neoclassical monetary theories Jean-Michel Grandmont Money & Value Cambridge Cambridge University Press 1983 1 online resource (xii, 199 pages) txt rdacontent c rdamedia cr rdacarrier Econometric Society monographs 5 Title from publisher's bibliographic system (viewed on 05 Oct 2015) This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system. Jean-Michel Grandmont sheds light on this complex subject by using the analytical techniques of general equilibrium theory alongside the methods of monetary analysis. The book warns against the indiscriminate use of the rational expectations hypothesis when approaching this topic, and conversely stresses the common-sense observation that short-run learning processes are among the most important characteristics of economic agents. Grandmont argues that such processes are deserving of careful theoretical study, and the result is a clear and rigorous analysis of all the issues involved Money Geldtheorie (DE-588)4121333-6 gnd rswk-swf Ökonometrie (DE-588)4132280-0 gnd rswk-swf Geldtheorie (DE-588)4121333-6 s Ökonometrie (DE-588)4132280-0 s 1\p DE-604 Erscheint auch als Druckausgabe 978-0-521-25141-9 Erscheint auch als Druckausgabe 978-0-521-31364-3 https://doi.org/10.1017/CCOL0521251419 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Grandmont, Jean-Michel Money and value a reconsideration of classical and neoclassical monetary theories Money Geldtheorie (DE-588)4121333-6 gnd Ökonometrie (DE-588)4132280-0 gnd |
| subject_GND | (DE-588)4121333-6 (DE-588)4132280-0 |
| title | Money and value a reconsideration of classical and neoclassical monetary theories |
| title_alt | Money & Value |
| title_auth | Money and value a reconsideration of classical and neoclassical monetary theories |
| title_exact_search | Money and value a reconsideration of classical and neoclassical monetary theories |
| title_full | Money and value a reconsideration of classical and neoclassical monetary theories Jean-Michel Grandmont |
| title_fullStr | Money and value a reconsideration of classical and neoclassical monetary theories Jean-Michel Grandmont |
| title_full_unstemmed | Money and value a reconsideration of classical and neoclassical monetary theories Jean-Michel Grandmont |
| title_short | Money and value |
| title_sort | money and value a reconsideration of classical and neoclassical monetary theories |
| title_sub | a reconsideration of classical and neoclassical monetary theories |
| topic | Money Geldtheorie (DE-588)4121333-6 gnd Ökonometrie (DE-588)4132280-0 gnd |
| topic_facet | Money Geldtheorie Ökonometrie |
| url | https://doi.org/10.1017/CCOL0521251419 |
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