;Contents: Commodity money; Some modeling considerations; A noncooperative economy with fiat money; Some examples; On macroeconomies and microeconomies; Inflation and deflation; Transactions costs; The velocity of circulation and the quantity of money; A moncooperative game for the money market; Taxation, gross national product and welfare.


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    Titel :

    A Theory of Money and Financial Institutions. Part IV. Fiat Money and Noncooperative Equilibrium in a Closed Economy


    Beteiligte:
    M. Shubik (Autor:in)

    Erscheinungsdatum :

    1972


    Format / Umfang :

    50 pages


    Medientyp :

    Report


    Format :

    Keine Angabe


    Sprache :

    Englisch




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