ISBN: 9780521313643 - money and value: a reconsideration of classical and neoclassical monetary economics: a reconsideration of classical and neoclassical monetary theories ... society monographs in pure theory, 5, band 5) (6 Ergebnisse)

Zustand: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. Clean from markings. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,400grams, ISBN:0521313643. …

Paperback. Zustand: Good. 212 pages. Cover wornThis book addresses one of the major theoretical issues that underlies, impli citly or explicitly, some recurrent controversies in macroeconomics - namely, wh ether a competitive monetary economy has built-in mechanisms that are strong eno ugh to remove excess demands and supplies on all markets, through an automatic a djustment of the price system. Jean-Michel Grandmont sheds light on this complex subject by using the analytical techniques of general equilibrium theory alongs ide the methods of monetary analysis. The book warns against the indiscriminate use of the rational expectations hypothesis when approaching this topic, and con versely stresses the common-sense observation that short-run learning processes are among the most important characteristics of economic agents. Grandmont argue s that such processes are deserving of careful theoretical study, and the result is a clear and rigorous analysis of all the issues involved. Editorial Reviews This is a beautifully written book. There is hardly a subject the author touch es on that he does not enhance with the clarity and elegance of his exposition. Though it places much less emphasis on mathematical technique, the book stands c omparison with the classic texts of Debreu (1959) and Hildenbrand (1974). Dougla s Gale, Journal of Political Economy - From the Publisher.…

Zustand: New. In English.

Zustand: New. This book addresses the controversial issue of whether a competitive monetary economy has built-in price adjustment mechanisms strong enough to remove excess demands and supplies on all markets. Series Editor(s): Chesher, Andrew; Jackson, Matthew O. Series: Econometric Society Monographs. Num Pages: 212 pages, references, index. BIC Classification: KCBM; KCH. Category: (P) Professional & Vocational. Dimension: 228 x 152 x 12. Weight in Grams: 320. . 1985. Reprint. paperback. . . . . Books ship from the US and Ireland.…

Zustand: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | This book addresses the controversial issue of whether a competitive monetary economy has built-in price adjustment mechanisms strong enough to remove excess demands and supplies on all markets.

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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.…