Money: Understandings and Misunderstandings
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cham
Springer International Publishing AG
2020
|
| Schlagworte: | |
| Beschreibung: | Description based on publisher supplied metadata and other sources |
| Beschreibung: | 1 Online-Ressource (292 Seiten) |
| ISBN: | 9783030503789 |
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| 505 | 8 | |a Intro -- Preface -- Contents -- List of Figures -- List of Tables -- 1 Why Another Book About Money? -- 1.1 From Bands of Hunter-Gatherers to Farmers -- 1.2 The Need to Invent a Numeraire: The Functional Limits of Barter Exchange -- 1.3 Overcoming Brain Limitations -- 1.4 Misunderstandings Run Deep -- 1.5 Our Reptilian Brains -- 1.6 The Desire to Hold onto Something Solid -- 1.7 What to Expect in Chapters to Come -- Works Cited -- 2 Imagine a World Without Money -- 2.1 A Scene from Downtown Modelville -- 2.2 Barter, Again -- 2.3 Enter Money! -- 3 A Brief History of Money -- 3.1 Categories of Money -- 3.2 About 11,000 Years Ago -- 3.3 Modelville in the 1500s -- 3.4 Paper Currency in the United States -- 3.5 The Creation of the Federal Reserve System -- Works Cited -- 4 Saving, Lending, Borrowing, and the Banking Sector -- 4.1 Saving, Borrowing, and Lending -- 4.2 The Creation of Money -- 4.2.1 Fractional Banking and Money Creation -- 4.2.2 What Could Go Wrong? -- 4.3 Borrowing Short and Lending Long -- 4.3.1 Illiquidity Versus Insolvency -- 4.4 Perils of 100 Percent Reserve Banking -- 4.5 Optimal Quantity of Money -- 4.5.1 Prices Serve as Signals -- 4.5.2 Overall Price Level, Inflation, Deflation, and Disinflation -- 4.5.3 Who Decides and How -- Works Cited -- 5 Central Banks, Monetary Policy, and the Economy -- 5.1 A Brief History of the Federal Reserve System -- 5.1.1 The First Bank of the United States -- 5.1.2 The Second Bank of the United States -- 5.1.3 The Independent Treasury Bill -- 5.1.4 National Monetary Commission and the National Reserve Association -- 5.2 The Federal Reserve System -- 5.2.1 Structure of the Federal Reserve System -- 5.2.1.1 The Board of Governors -- 5.2.1.2 Federal Reserve Banks -- 5.2.1.3 The Federal Open Market Committee -- 5.3 Monetary Policy -- 5.3.1 Tools of Monetary Policy | |
| 505 | 8 | |a 5.3.1.1 Changes in Required Reserve Ratio -- 5.3.1.2 Changes in Discount Rate -- 5.3.1.3 Open Market Operations -- 5.3.1.4 Interest Payment on Required and Excess Reserves -- 5.3.2 The Interaction of Money Supply and Money Demand -- 5.4 The Impact of Changes in Money Supply on the Economy -- 5.5 The Yield Curve -- 5.5.1 The Expectations Theory -- 5.5.2 The Segmented Markets Theory -- 5.5.3 The Liquidity Premium Theory -- Works Cited -- 6 The Financial Crisis of 2007-2009 and the Great Recession -- 6.1 Monetary Policy and the Economy -- 6.1.1 A Business Cycle -- 6.2 The Financial Crisis of 2007-2009 and the Ensuing Great Recession -- 6.2.1 A Timeline of the 2007-2009 Financial Crisis -- 6.2.2 Subprime Lending -- 6.2.3 Housing Boom and Bust -- 6.2.4 Findings of the Studies by the Congress and the Senate -- 6.3 The Response of the Federal Reserve System -- 6.3.1 The Zero-Lower-Bound -- 6.3.2 The Yield Curve Again -- 6.3.3 Quantitative Easing (QE) -- 6.4 Did the Unconventional Monetary Policy Work? -- 6.5 Modern Monetary Theory -- 6.5.1 Functional Finance Doctrine -- 6.6 Back to the Modern Monetary Theory -- Works Cited -- 7 Economic Growth and the Role of Money -- 7.1 What Is Economic Growth? -- 7.1.1 What Is Gross Domestic Product? -- 7.1.1.1 The Expenditure Approach -- 7.1.1.2 The Income Approach -- 7.1.1.3 The Value-Added Approach -- 7.1.2 Nominal Versus Real GDP -- 7.1.2.1 Calculating Nominal and Real GDP -- 7.1.3 GDP Deflator and Consumer Price Index: Measures of Aggregate Price Level -- 7.1.4 Some Concerns About GDP Calculations -- 7.2 Factors Affecting Economic Growth -- 7.2.1 Technology -- 7.2.2 Specialization and Trade -- 7.2.3 Human Capital -- 7.2.4 The Role of Institutions -- 7.3 What Does Money Have to Do with All This? -- Works Cited -- 8 Money in an Interconnected World -- 8.1 An Interconnected World -- 8.2 Money and International Trade | |
| 505 | 8 | |a 8.3 The Determinants of Trade Patterns -- 8.4 What Are Exchange Rates and Why Do We Need Them? -- 8.4.1 Spots, Forwards, Swaps, Futures, and Options -- 8.4.2 Foreign Currency as a Store of Value -- 8.4.2.1 Liquidity -- 8.4.2.2 The Expected Rate of Return -- 8.4.3 The Exchange Rate Equilibrium -- 8.5 The Effects of the Foreign Central Bank Action on the Domestic Economy -- 8.5.1 Changes in Money Supply, Interest Rates, and Exchange Rates -- 8.5.2 Changes in Money Supply, Price Level, and Exchange Rates -- 8.6 Common Currency Areas -- Works Cited -- 9 Some Concluding Thoughts -- 9.1 A Longing for Gold -- 9.2 A Longing for the Tangible -- Works Cited -- Index | |
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| contents | Intro -- Preface -- Contents -- List of Figures -- List of Tables -- 1 Why Another Book About Money? -- 1.1 From Bands of Hunter-Gatherers to Farmers -- 1.2 The Need to Invent a Numeraire: The Functional Limits of Barter Exchange -- 1.3 Overcoming Brain Limitations -- 1.4 Misunderstandings Run Deep -- 1.5 Our Reptilian Brains -- 1.6 The Desire to Hold onto Something Solid -- 1.7 What to Expect in Chapters to Come -- Works Cited -- 2 Imagine a World Without Money -- 2.1 A Scene from Downtown Modelville -- 2.2 Barter, Again -- 2.3 Enter Money! -- 3 A Brief History of Money -- 3.1 Categories of Money -- 3.2 About 11,000 Years Ago -- 3.3 Modelville in the 1500s -- 3.4 Paper Currency in the United States -- 3.5 The Creation of the Federal Reserve System -- Works Cited -- 4 Saving, Lending, Borrowing, and the Banking Sector -- 4.1 Saving, Borrowing, and Lending -- 4.2 The Creation of Money -- 4.2.1 Fractional Banking and Money Creation -- 4.2.2 What Could Go Wrong? -- 4.3 Borrowing Short and Lending Long -- 4.3.1 Illiquidity Versus Insolvency -- 4.4 Perils of 100 Percent Reserve Banking -- 4.5 Optimal Quantity of Money -- 4.5.1 Prices Serve as Signals -- 4.5.2 Overall Price Level, Inflation, Deflation, and Disinflation -- 4.5.3 Who Decides and How -- Works Cited -- 5 Central Banks, Monetary Policy, and the Economy -- 5.1 A Brief History of the Federal Reserve System -- 5.1.1 The First Bank of the United States -- 5.1.2 The Second Bank of the United States -- 5.1.3 The Independent Treasury Bill -- 5.1.4 National Monetary Commission and the National Reserve Association -- 5.2 The Federal Reserve System -- 5.2.1 Structure of the Federal Reserve System -- 5.2.1.1 The Board of Governors -- 5.2.1.2 Federal Reserve Banks -- 5.2.1.3 The Federal Open Market Committee -- 5.3 Monetary Policy -- 5.3.1 Tools of Monetary Policy 5.3.1.1 Changes in Required Reserve Ratio -- 5.3.1.2 Changes in Discount Rate -- 5.3.1.3 Open Market Operations -- 5.3.1.4 Interest Payment on Required and Excess Reserves -- 5.3.2 The Interaction of Money Supply and Money Demand -- 5.4 The Impact of Changes in Money Supply on the Economy -- 5.5 The Yield Curve -- 5.5.1 The Expectations Theory -- 5.5.2 The Segmented Markets Theory -- 5.5.3 The Liquidity Premium Theory -- Works Cited -- 6 The Financial Crisis of 2007-2009 and the Great Recession -- 6.1 Monetary Policy and the Economy -- 6.1.1 A Business Cycle -- 6.2 The Financial Crisis of 2007-2009 and the Ensuing Great Recession -- 6.2.1 A Timeline of the 2007-2009 Financial Crisis -- 6.2.2 Subprime Lending -- 6.2.3 Housing Boom and Bust -- 6.2.4 Findings of the Studies by the Congress and the Senate -- 6.3 The Response of the Federal Reserve System -- 6.3.1 The Zero-Lower-Bound -- 6.3.2 The Yield Curve Again -- 6.3.3 Quantitative Easing (QE) -- 6.4 Did the Unconventional Monetary Policy Work? -- 6.5 Modern Monetary Theory -- 6.5.1 Functional Finance Doctrine -- 6.6 Back to the Modern Monetary Theory -- Works Cited -- 7 Economic Growth and the Role of Money -- 7.1 What Is Economic Growth? -- 7.1.1 What Is Gross Domestic Product? -- 7.1.1.1 The Expenditure Approach -- 7.1.1.2 The Income Approach -- 7.1.1.3 The Value-Added Approach -- 7.1.2 Nominal Versus Real GDP -- 7.1.2.1 Calculating Nominal and Real GDP -- 7.1.3 GDP Deflator and Consumer Price Index: Measures of Aggregate Price Level -- 7.1.4 Some Concerns About GDP Calculations -- 7.2 Factors Affecting Economic Growth -- 7.2.1 Technology -- 7.2.2 Specialization and Trade -- 7.2.3 Human Capital -- 7.2.4 The Role of Institutions -- 7.3 What Does Money Have to Do with All This? -- Works Cited -- 8 Money in an Interconnected World -- 8.1 An Interconnected World -- 8.2 Money and International Trade 8.3 The Determinants of Trade Patterns -- 8.4 What Are Exchange Rates and Why Do We Need Them? -- 8.4.1 Spots, Forwards, Swaps, Futures, and Options -- 8.4.2 Foreign Currency as a Store of Value -- 8.4.2.1 Liquidity -- 8.4.2.2 The Expected Rate of Return -- 8.4.3 The Exchange Rate Equilibrium -- 8.5 The Effects of the Foreign Central Bank Action on the Domestic Economy -- 8.5.1 Changes in Money Supply, Interest Rates, and Exchange Rates -- 8.5.2 Changes in Money Supply, Price Level, and Exchange Rates -- 8.6 Common Currency Areas -- Works Cited -- 9 Some Concluding Thoughts -- 9.1 A Longing for Gold -- 9.2 A Longing for the Tangible -- Works Cited -- Index |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
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| spelling | Ashraf, Mohammad Verfasser aut Money Understandings and Misunderstandings Cham Springer International Publishing AG 2020 ©2020 1 Online-Ressource (292 Seiten) txt rdacontent c rdamedia cr rdacarrier Description based on publisher supplied metadata and other sources Intro -- Preface -- Contents -- List of Figures -- List of Tables -- 1 Why Another Book About Money? -- 1.1 From Bands of Hunter-Gatherers to Farmers -- 1.2 The Need to Invent a Numeraire: The Functional Limits of Barter Exchange -- 1.3 Overcoming Brain Limitations -- 1.4 Misunderstandings Run Deep -- 1.5 Our Reptilian Brains -- 1.6 The Desire to Hold onto Something Solid -- 1.7 What to Expect in Chapters to Come -- Works Cited -- 2 Imagine a World Without Money -- 2.1 A Scene from Downtown Modelville -- 2.2 Barter, Again -- 2.3 Enter Money! -- 3 A Brief History of Money -- 3.1 Categories of Money -- 3.2 About 11,000 Years Ago -- 3.3 Modelville in the 1500s -- 3.4 Paper Currency in the United States -- 3.5 The Creation of the Federal Reserve System -- Works Cited -- 4 Saving, Lending, Borrowing, and the Banking Sector -- 4.1 Saving, Borrowing, and Lending -- 4.2 The Creation of Money -- 4.2.1 Fractional Banking and Money Creation -- 4.2.2 What Could Go Wrong? -- 4.3 Borrowing Short and Lending Long -- 4.3.1 Illiquidity Versus Insolvency -- 4.4 Perils of 100 Percent Reserve Banking -- 4.5 Optimal Quantity of Money -- 4.5.1 Prices Serve as Signals -- 4.5.2 Overall Price Level, Inflation, Deflation, and Disinflation -- 4.5.3 Who Decides and How -- Works Cited -- 5 Central Banks, Monetary Policy, and the Economy -- 5.1 A Brief History of the Federal Reserve System -- 5.1.1 The First Bank of the United States -- 5.1.2 The Second Bank of the United States -- 5.1.3 The Independent Treasury Bill -- 5.1.4 National Monetary Commission and the National Reserve Association -- 5.2 The Federal Reserve System -- 5.2.1 Structure of the Federal Reserve System -- 5.2.1.1 The Board of Governors -- 5.2.1.2 Federal Reserve Banks -- 5.2.1.3 The Federal Open Market Committee -- 5.3 Monetary Policy -- 5.3.1 Tools of Monetary Policy 5.3.1.1 Changes in Required Reserve Ratio -- 5.3.1.2 Changes in Discount Rate -- 5.3.1.3 Open Market Operations -- 5.3.1.4 Interest Payment on Required and Excess Reserves -- 5.3.2 The Interaction of Money Supply and Money Demand -- 5.4 The Impact of Changes in Money Supply on the Economy -- 5.5 The Yield Curve -- 5.5.1 The Expectations Theory -- 5.5.2 The Segmented Markets Theory -- 5.5.3 The Liquidity Premium Theory -- Works Cited -- 6 The Financial Crisis of 2007-2009 and the Great Recession -- 6.1 Monetary Policy and the Economy -- 6.1.1 A Business Cycle -- 6.2 The Financial Crisis of 2007-2009 and the Ensuing Great Recession -- 6.2.1 A Timeline of the 2007-2009 Financial Crisis -- 6.2.2 Subprime Lending -- 6.2.3 Housing Boom and Bust -- 6.2.4 Findings of the Studies by the Congress and the Senate -- 6.3 The Response of the Federal Reserve System -- 6.3.1 The Zero-Lower-Bound -- 6.3.2 The Yield Curve Again -- 6.3.3 Quantitative Easing (QE) -- 6.4 Did the Unconventional Monetary Policy Work? -- 6.5 Modern Monetary Theory -- 6.5.1 Functional Finance Doctrine -- 6.6 Back to the Modern Monetary Theory -- Works Cited -- 7 Economic Growth and the Role of Money -- 7.1 What Is Economic Growth? -- 7.1.1 What Is Gross Domestic Product? -- 7.1.1.1 The Expenditure Approach -- 7.1.1.2 The Income Approach -- 7.1.1.3 The Value-Added Approach -- 7.1.2 Nominal Versus Real GDP -- 7.1.2.1 Calculating Nominal and Real GDP -- 7.1.3 GDP Deflator and Consumer Price Index: Measures of Aggregate Price Level -- 7.1.4 Some Concerns About GDP Calculations -- 7.2 Factors Affecting Economic Growth -- 7.2.1 Technology -- 7.2.2 Specialization and Trade -- 7.2.3 Human Capital -- 7.2.4 The Role of Institutions -- 7.3 What Does Money Have to Do with All This? -- Works Cited -- 8 Money in an Interconnected World -- 8.1 An Interconnected World -- 8.2 Money and International Trade 8.3 The Determinants of Trade Patterns -- 8.4 What Are Exchange Rates and Why Do We Need Them? -- 8.4.1 Spots, Forwards, Swaps, Futures, and Options -- 8.4.2 Foreign Currency as a Store of Value -- 8.4.2.1 Liquidity -- 8.4.2.2 The Expected Rate of Return -- 8.4.3 The Exchange Rate Equilibrium -- 8.5 The Effects of the Foreign Central Bank Action on the Domestic Economy -- 8.5.1 Changes in Money Supply, Interest Rates, and Exchange Rates -- 8.5.2 Changes in Money Supply, Price Level, and Exchange Rates -- 8.6 Common Currency Areas -- Works Cited -- 9 Some Concluding Thoughts -- 9.1 A Longing for Gold -- 9.2 A Longing for the Tangible -- Works Cited -- Index Money Erscheint auch als Druck-Ausgabe Ashraf, Mohammad Money Cham : Springer International Publishing AG,c2020 9783030503772 |
| spellingShingle | Ashraf, Mohammad Money Understandings and Misunderstandings Intro -- Preface -- Contents -- List of Figures -- List of Tables -- 1 Why Another Book About Money? -- 1.1 From Bands of Hunter-Gatherers to Farmers -- 1.2 The Need to Invent a Numeraire: The Functional Limits of Barter Exchange -- 1.3 Overcoming Brain Limitations -- 1.4 Misunderstandings Run Deep -- 1.5 Our Reptilian Brains -- 1.6 The Desire to Hold onto Something Solid -- 1.7 What to Expect in Chapters to Come -- Works Cited -- 2 Imagine a World Without Money -- 2.1 A Scene from Downtown Modelville -- 2.2 Barter, Again -- 2.3 Enter Money! -- 3 A Brief History of Money -- 3.1 Categories of Money -- 3.2 About 11,000 Years Ago -- 3.3 Modelville in the 1500s -- 3.4 Paper Currency in the United States -- 3.5 The Creation of the Federal Reserve System -- Works Cited -- 4 Saving, Lending, Borrowing, and the Banking Sector -- 4.1 Saving, Borrowing, and Lending -- 4.2 The Creation of Money -- 4.2.1 Fractional Banking and Money Creation -- 4.2.2 What Could Go Wrong? -- 4.3 Borrowing Short and Lending Long -- 4.3.1 Illiquidity Versus Insolvency -- 4.4 Perils of 100 Percent Reserve Banking -- 4.5 Optimal Quantity of Money -- 4.5.1 Prices Serve as Signals -- 4.5.2 Overall Price Level, Inflation, Deflation, and Disinflation -- 4.5.3 Who Decides and How -- Works Cited -- 5 Central Banks, Monetary Policy, and the Economy -- 5.1 A Brief History of the Federal Reserve System -- 5.1.1 The First Bank of the United States -- 5.1.2 The Second Bank of the United States -- 5.1.3 The Independent Treasury Bill -- 5.1.4 National Monetary Commission and the National Reserve Association -- 5.2 The Federal Reserve System -- 5.2.1 Structure of the Federal Reserve System -- 5.2.1.1 The Board of Governors -- 5.2.1.2 Federal Reserve Banks -- 5.2.1.3 The Federal Open Market Committee -- 5.3 Monetary Policy -- 5.3.1 Tools of Monetary Policy 5.3.1.1 Changes in Required Reserve Ratio -- 5.3.1.2 Changes in Discount Rate -- 5.3.1.3 Open Market Operations -- 5.3.1.4 Interest Payment on Required and Excess Reserves -- 5.3.2 The Interaction of Money Supply and Money Demand -- 5.4 The Impact of Changes in Money Supply on the Economy -- 5.5 The Yield Curve -- 5.5.1 The Expectations Theory -- 5.5.2 The Segmented Markets Theory -- 5.5.3 The Liquidity Premium Theory -- Works Cited -- 6 The Financial Crisis of 2007-2009 and the Great Recession -- 6.1 Monetary Policy and the Economy -- 6.1.1 A Business Cycle -- 6.2 The Financial Crisis of 2007-2009 and the Ensuing Great Recession -- 6.2.1 A Timeline of the 2007-2009 Financial Crisis -- 6.2.2 Subprime Lending -- 6.2.3 Housing Boom and Bust -- 6.2.4 Findings of the Studies by the Congress and the Senate -- 6.3 The Response of the Federal Reserve System -- 6.3.1 The Zero-Lower-Bound -- 6.3.2 The Yield Curve Again -- 6.3.3 Quantitative Easing (QE) -- 6.4 Did the Unconventional Monetary Policy Work? -- 6.5 Modern Monetary Theory -- 6.5.1 Functional Finance Doctrine -- 6.6 Back to the Modern Monetary Theory -- Works Cited -- 7 Economic Growth and the Role of Money -- 7.1 What Is Economic Growth? -- 7.1.1 What Is Gross Domestic Product? -- 7.1.1.1 The Expenditure Approach -- 7.1.1.2 The Income Approach -- 7.1.1.3 The Value-Added Approach -- 7.1.2 Nominal Versus Real GDP -- 7.1.2.1 Calculating Nominal and Real GDP -- 7.1.3 GDP Deflator and Consumer Price Index: Measures of Aggregate Price Level -- 7.1.4 Some Concerns About GDP Calculations -- 7.2 Factors Affecting Economic Growth -- 7.2.1 Technology -- 7.2.2 Specialization and Trade -- 7.2.3 Human Capital -- 7.2.4 The Role of Institutions -- 7.3 What Does Money Have to Do with All This? -- Works Cited -- 8 Money in an Interconnected World -- 8.1 An Interconnected World -- 8.2 Money and International Trade 8.3 The Determinants of Trade Patterns -- 8.4 What Are Exchange Rates and Why Do We Need Them? -- 8.4.1 Spots, Forwards, Swaps, Futures, and Options -- 8.4.2 Foreign Currency as a Store of Value -- 8.4.2.1 Liquidity -- 8.4.2.2 The Expected Rate of Return -- 8.4.3 The Exchange Rate Equilibrium -- 8.5 The Effects of the Foreign Central Bank Action on the Domestic Economy -- 8.5.1 Changes in Money Supply, Interest Rates, and Exchange Rates -- 8.5.2 Changes in Money Supply, Price Level, and Exchange Rates -- 8.6 Common Currency Areas -- Works Cited -- 9 Some Concluding Thoughts -- 9.1 A Longing for Gold -- 9.2 A Longing for the Tangible -- Works Cited -- Index Money |
| title | Money Understandings and Misunderstandings |
| title_auth | Money Understandings and Misunderstandings |
| title_exact_search | Money Understandings and Misunderstandings |
| title_exact_search_txtP | Money Understandings and Misunderstandings |
| title_full | Money Understandings and Misunderstandings |
| title_fullStr | Money Understandings and Misunderstandings |
| title_full_unstemmed | Money Understandings and Misunderstandings |
| title_short | Money |
| title_sort | money understandings and misunderstandings |
| title_sub | Understandings and Misunderstandings |
| topic | Money |
| topic_facet | Money |
| work_keys_str_mv | AT ashrafmohammad moneyunderstandingsandmisunderstandings |