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Credit, Interest Rates and the Open Economy: Essays on Horizontalism - Hardcover

 
9781840640984: Credit, Interest Rates and the Open Economy: Essays on Horizontalism
Hardcover
ISBN 10: 1840640987 ISBN 13: 9781840640984
Verlag: Edward Elgar Publishing Ltd, 2001

Inhaltsangabe

The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of credit and money. This book extends horizontalism beyond its traditional boundaries and makes it consistent with the post-Keynesian theories of output and the open economy.

The authors compare and contrast the horizontalist position with various orthodox and non-orthodox views on money. They argue that horizontalism is perfectly compatible with liquidity preference, credit constraints, and a flexible interest-rate mark-up, and address recent developments in banking that reinforce the validity of a horizontal schedule of credit-money. The overall intention is to place horizontalism within the current heterodox tradition as a general theory of the creation of money that is consistent with the post-Keynesian view on macroeconomic policy.

Credit, Interest Rates and the Open Economy is essential reading for those who wish to expand their theoretical understanding of international financial issues and will be of great interest to those involved in macroeconomics, money and banking and radical economics.

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Über die Autorin bzw. den Autor

Edited by Louis-Philippe Rochon, Full Professor, Laurentian University, Canada, Editor-in-Chief, Review of Political Economy and Founding Editor Emeritus, Review of Keynesian Economics and Co-Director Monetary Policy Institute and Matías Vernengo, Full Professor, Bucknell University, US

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Verlag
Edward Elgar Publishing Ltd
Erscheinungsdatum
2001
Sprache
Englisch
ISBN 10 
1840640987
ISBN 13 
9781840640984
Einband
Gebundene Ausgabe
Anzahl der Seiten
280
Herausgeber
Rochon Louis-Philippe, Vernengo Matias
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
Nicht verfügbar