The Flow of Funds in Theory and Practice: A Flow-Constrained Approach to Monetary Theory and Policy
The central emphasis in the book is on the transaction and the constraints that its architecture imposes on a discussion of monetary theory and policy. Because of their comprehensiveness and discipline the flow-of-funds accounts are the ideal vehicle for theorizing about real and financial interacti...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Dordrecht
Springer Netherlands
1987
|
| Ausgabe: | 1st ed. 1987 |
| Schriftenreihe: | Financial and Monetary Policy Studies
15 |
| Schlagworte: | |
| Online-Zugang: | BTU01 URL des Erstveröffentlichers |
| Zusammenfassung: | The central emphasis in the book is on the transaction and the constraints that its architecture imposes on a discussion of monetary theory and policy. Because of their comprehensiveness and discipline the flow-of-funds accounts are the ideal vehicle for theorizing about real and financial interaction. Such int- action can best be understood when real and financial transac tions are expressed in a common flow dimension. Each decision by economic agents is seen as two-ended in terms of markets: one market supplies the source of funds and the second market absorbs these funds. A matrix of interdependent markets is featured throughout the theoretical discussion. Credit markets, and the bank credit market in particular, become the source of disturbance in the theoretical model, but the necessary involve ment of the money market is also stressed. Theories of finan cial instability and crisis now receiving considerable attention are part of the more general theory of the flow of funds. The rationale for the monetary authority to target credit rather than the monetary aggregates emerges from the analytical discus sion. A flow-constrained analysis clarifies interest-rate deter mination, provides a helpful format for discussing equilibrium and disequilibrium, integrates credit markets with the familiar IS-LM framework, and identifies a class of missing equations in macro-monetary theory. The prototype of the missing equations is an equation explaining monetary dissaving in terms of a series of arguments only one of which will be the stock of real balances or real wealth |
| Beschreibung: | 1 Online-Ressource (VIII, 343 p) |
| ISBN: | 9789400936751 |
| DOI: | 10.1007/978-94-009-3675-1 |
Internformat
MARC
| LEADER | 00000nmm a2200000zcb4500 | ||
|---|---|---|---|
| 001 | BV046872031 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 200828s1987 |||| o||u| ||||||eng d | ||
| 020 | |a 9789400936751 |9 978-94-009-3675-1 | ||
| 024 | 7 | |a 10.1007/978-94-009-3675-1 |2 doi | |
| 035 | |a (ZDB-2-SBE)978-94-009-3675-1 | ||
| 035 | |a (OCoLC)903193145 | ||
| 035 | |a (DE-599)BVBBV046872031 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-634 | ||
| 082 | 0 | |a 339 |2 23 | |
| 084 | |a QI 400 |0 (DE-625)141622: |2 rvk | ||
| 100 | 1 | |a Cohen, J. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The Flow of Funds in Theory and Practice |b A Flow-Constrained Approach to Monetary Theory and Policy |c by J. Cohen |
| 250 | |a 1st ed. 1987 | ||
| 264 | 1 | |a Dordrecht |b Springer Netherlands |c 1987 | |
| 300 | |a 1 Online-Ressource (VIII, 343 p) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Financial and Monetary Policy Studies |v 15 | |
| 520 | |a The central emphasis in the book is on the transaction and the constraints that its architecture imposes on a discussion of monetary theory and policy. Because of their comprehensiveness and discipline the flow-of-funds accounts are the ideal vehicle for theorizing about real and financial interaction. Such int- action can best be understood when real and financial transac tions are expressed in a common flow dimension. Each decision by economic agents is seen as two-ended in terms of markets: one market supplies the source of funds and the second market absorbs these funds. A matrix of interdependent markets is featured throughout the theoretical discussion. Credit markets, and the bank credit market in particular, become the source of disturbance in the theoretical model, but the necessary involve ment of the money market is also stressed. Theories of finan cial instability and crisis now receiving considerable attention are part of the more general theory of the flow of funds. The rationale for the monetary authority to target credit rather than the monetary aggregates emerges from the analytical discus sion. A flow-constrained analysis clarifies interest-rate deter mination, provides a helpful format for discussing equilibrium and disequilibrium, integrates credit markets with the familiar IS-LM framework, and identifies a class of missing equations in macro-monetary theory. The prototype of the missing equations is an equation explaining monetary dissaving in terms of a series of arguments only one of which will be the stock of real balances or real wealth | ||
| 650 | 4 | |a Macroeconomics/Monetary Economics//Financial Economics | |
| 650 | 4 | |a Macroeconomics | |
| 650 | 0 | 7 | |a Geldpolitik |0 (DE-588)4019902-2 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Kapitalbewegung |0 (DE-588)4132737-8 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Geldtheorie |0 (DE-588)4121333-6 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Geldstromanalyse |0 (DE-588)4156429-7 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Geldtheorie |0 (DE-588)4121333-6 |D s |
| 689 | 0 | 1 | |a Kapitalbewegung |0 (DE-588)4132737-8 |D s |
| 689 | 0 | |5 DE-604 | |
| 689 | 1 | 0 | |a Geldpolitik |0 (DE-588)4019902-2 |D s |
| 689 | 1 | 1 | |a Kapitalbewegung |0 (DE-588)4132737-8 |D s |
| 689 | 1 | |5 DE-604 | |
| 689 | 2 | 0 | |a Geldstromanalyse |0 (DE-588)4156429-7 |D s |
| 689 | 2 | |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |z 9789401081450 |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |z 9789400936768 |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |z 9789024736010 |
| 856 | 4 | 0 | |u https://doi.org/10.1007/978-94-009-3675-1 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-2-SBE |a ZDB-2-BAE | ||
| 940 | 1 | |q ZDB-2-SBE_Archiv | |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-032282163 | ||
| 966 | e | |u https://doi.org/10.1007/978-94-009-3675-1 |l BTU01 |p ZDB-2-SBE |q ZDB-2-SBE_Archiv |x Verlag |3 Volltext | |
Datensatz im Suchindex
| _version_ | 1804181720535138304 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Cohen, J. |
| author_facet | Cohen, J. |
| author_role | aut |
| author_sort | Cohen, J. |
| author_variant | j c jc |
| building | Verbundindex |
| bvnumber | BV046872031 |
| classification_rvk | QI 400 |
| collection | ZDB-2-SBE ZDB-2-BAE |
| ctrlnum | (ZDB-2-SBE)978-94-009-3675-1 (OCoLC)903193145 (DE-599)BVBBV046872031 |
| dewey-full | 339 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339 |
| dewey-search | 339 |
| dewey-sort | 3339 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-94-009-3675-1 |
| edition | 1st ed. 1987 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03835nmm a2200589zcb4500</leader><controlfield tag="001">BV046872031</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">200828s1987 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9789400936751</subfield><subfield code="9">978-94-009-3675-1</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1007/978-94-009-3675-1</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-2-SBE)978-94-009-3675-1</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)903193145</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV046872031</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-634</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">339</subfield><subfield code="2">23</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QI 400</subfield><subfield code="0">(DE-625)141622:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Cohen, J.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The Flow of Funds in Theory and Practice</subfield><subfield code="b">A Flow-Constrained Approach to Monetary Theory and Policy</subfield><subfield code="c">by J. Cohen</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1st ed. 1987</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Dordrecht</subfield><subfield code="b">Springer Netherlands</subfield><subfield code="c">1987</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (VIII, 343 p)</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">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Financial and Monetary Policy Studies</subfield><subfield code="v">15</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The central emphasis in the book is on the transaction and the constraints that its architecture imposes on a discussion of monetary theory and policy. Because of their comprehensiveness and discipline the flow-of-funds accounts are the ideal vehicle for theorizing about real and financial interaction. Such int- action can best be understood when real and financial transac tions are expressed in a common flow dimension. Each decision by economic agents is seen as two-ended in terms of markets: one market supplies the source of funds and the second market absorbs these funds. A matrix of interdependent markets is featured throughout the theoretical discussion. Credit markets, and the bank credit market in particular, become the source of disturbance in the theoretical model, but the necessary involve ment of the money market is also stressed. Theories of finan cial instability and crisis now receiving considerable attention are part of the more general theory of the flow of funds. The rationale for the monetary authority to target credit rather than the monetary aggregates emerges from the analytical discus sion. A flow-constrained analysis clarifies interest-rate deter mination, provides a helpful format for discussing equilibrium and disequilibrium, integrates credit markets with the familiar IS-LM framework, and identifies a class of missing equations in macro-monetary theory. The prototype of the missing equations is an equation explaining monetary dissaving in terms of a series of arguments only one of which will be the stock of real balances or real wealth</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Macroeconomics/Monetary Economics//Financial Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Macroeconomics</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Geldpolitik</subfield><subfield code="0">(DE-588)4019902-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Kapitalbewegung</subfield><subfield code="0">(DE-588)4132737-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Geldtheorie</subfield><subfield code="0">(DE-588)4121333-6</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Geldstromanalyse</subfield><subfield code="0">(DE-588)4156429-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Geldtheorie</subfield><subfield code="0">(DE-588)4121333-6</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Kapitalbewegung</subfield><subfield code="0">(DE-588)4132737-8</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">Geldpolitik</subfield><subfield code="0">(DE-588)4019902-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="1" ind2="1"><subfield code="a">Kapitalbewegung</subfield><subfield code="0">(DE-588)4132737-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="1" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="689" ind1="2" ind2="0"><subfield code="a">Geldstromanalyse</subfield><subfield code="0">(DE-588)4156429-7</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="2" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="z">9789401081450</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="z">9789400936768</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="z">9789024736010</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1007/978-94-009-3675-1</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-2-SBE</subfield><subfield code="a">ZDB-2-BAE</subfield></datafield><datafield tag="940" ind1="1" ind2=" "><subfield code="q">ZDB-2-SBE_Archiv</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-032282163</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1007/978-94-009-3675-1</subfield><subfield code="l">BTU01</subfield><subfield code="p">ZDB-2-SBE</subfield><subfield code="q">ZDB-2-SBE_Archiv</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV046872031 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:15:36Z |
| indexdate | 2024-07-10T08:56:08Z |
| institution | BVB |
| isbn | 9789400936751 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032282163 |
| oclc_num | 903193145 |
| open_access_boolean | |
| owner | DE-634 |
| owner_facet | DE-634 |
| physical | 1 Online-Ressource (VIII, 343 p) |
| psigel | ZDB-2-SBE ZDB-2-BAE ZDB-2-SBE_Archiv ZDB-2-SBE ZDB-2-SBE_Archiv |
| publishDate | 1987 |
| publishDateSearch | 1987 |
| publishDateSort | 1987 |
| publisher | Springer Netherlands |
| record_format | marc |
| series2 | Financial and Monetary Policy Studies |
| spelling | Cohen, J. Verfasser aut The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy by J. Cohen 1st ed. 1987 Dordrecht Springer Netherlands 1987 1 Online-Ressource (VIII, 343 p) txt rdacontent c rdamedia cr rdacarrier Financial and Monetary Policy Studies 15 The central emphasis in the book is on the transaction and the constraints that its architecture imposes on a discussion of monetary theory and policy. Because of their comprehensiveness and discipline the flow-of-funds accounts are the ideal vehicle for theorizing about real and financial interaction. Such int- action can best be understood when real and financial transac tions are expressed in a common flow dimension. Each decision by economic agents is seen as two-ended in terms of markets: one market supplies the source of funds and the second market absorbs these funds. A matrix of interdependent markets is featured throughout the theoretical discussion. Credit markets, and the bank credit market in particular, become the source of disturbance in the theoretical model, but the necessary involve ment of the money market is also stressed. Theories of finan cial instability and crisis now receiving considerable attention are part of the more general theory of the flow of funds. The rationale for the monetary authority to target credit rather than the monetary aggregates emerges from the analytical discus sion. A flow-constrained analysis clarifies interest-rate deter mination, provides a helpful format for discussing equilibrium and disequilibrium, integrates credit markets with the familiar IS-LM framework, and identifies a class of missing equations in macro-monetary theory. The prototype of the missing equations is an equation explaining monetary dissaving in terms of a series of arguments only one of which will be the stock of real balances or real wealth Macroeconomics/Monetary Economics//Financial Economics Macroeconomics Geldpolitik (DE-588)4019902-2 gnd rswk-swf Kapitalbewegung (DE-588)4132737-8 gnd rswk-swf Geldtheorie (DE-588)4121333-6 gnd rswk-swf Geldstromanalyse (DE-588)4156429-7 gnd rswk-swf Geldtheorie (DE-588)4121333-6 s Kapitalbewegung (DE-588)4132737-8 s DE-604 Geldpolitik (DE-588)4019902-2 s Geldstromanalyse (DE-588)4156429-7 s Erscheint auch als Druck-Ausgabe 9789401081450 Erscheint auch als Druck-Ausgabe 9789400936768 Erscheint auch als Druck-Ausgabe 9789024736010 https://doi.org/10.1007/978-94-009-3675-1 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Cohen, J. The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy Macroeconomics/Monetary Economics//Financial Economics Macroeconomics Geldpolitik (DE-588)4019902-2 gnd Kapitalbewegung (DE-588)4132737-8 gnd Geldtheorie (DE-588)4121333-6 gnd Geldstromanalyse (DE-588)4156429-7 gnd |
| subject_GND | (DE-588)4019902-2 (DE-588)4132737-8 (DE-588)4121333-6 (DE-588)4156429-7 |
| title | The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy |
| title_auth | The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy |
| title_exact_search | The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy |
| title_exact_search_txtP | The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy |
| title_full | The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy by J. Cohen |
| title_fullStr | The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy by J. Cohen |
| title_full_unstemmed | The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy by J. Cohen |
| title_short | The Flow of Funds in Theory and Practice |
| title_sort | the flow of funds in theory and practice a flow constrained approach to monetary theory and policy |
| title_sub | A Flow-Constrained Approach to Monetary Theory and Policy |
| topic | Macroeconomics/Monetary Economics//Financial Economics Macroeconomics Geldpolitik (DE-588)4019902-2 gnd Kapitalbewegung (DE-588)4132737-8 gnd Geldtheorie (DE-588)4121333-6 gnd Geldstromanalyse (DE-588)4156429-7 gnd |
| topic_facet | Macroeconomics/Monetary Economics//Financial Economics Macroeconomics Geldpolitik Kapitalbewegung Geldtheorie Geldstromanalyse |
| url | https://doi.org/10.1007/978-94-009-3675-1 |
| work_keys_str_mv | AT cohenj theflowoffundsintheoryandpracticeaflowconstrainedapproachtomonetarytheoryandpolicy |