Money matters: some puzzles, anomalies and crises in the standard macroeconomic model

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 reason for these failures was the lack, in the SMM, of any role of money and the way the financial sector works

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Bibliographische Detailangaben
Hauptverfasser: Mahmud, Syed F. (VerfasserIn), Yamaguchi, Kaoru 1946- (VerfasserIn), Yülek, Murat Â. 1968- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Frankfurt am Main PL Academic Research 2017
Schriftenreihe:Zoom economy
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Zusammenfassung: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 reason for these failures was the lack, in the SMM, of any role of money and the way the financial sector works
Beschreibung:Description based on publisher supplied metadata and other sources
Beschreibung:1 online resource (145Seiten )
ISBN:9783631721469
9783631721476
9783631721483

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