Money and the Mechanism of Exchange
Author | : William Stanley Jevons |
Publisher | : |
Total Pages | : 380 |
Release | : 1877 |
Genre | : Exchange |
ISBN | : |
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Author | : William Stanley Jevons |
Publisher | : |
Total Pages | : 380 |
Release | : 1877 |
Genre | : Exchange |
ISBN | : |
Author | : Dirk Bergemann |
Publisher | : World Scientific |
Total Pages | : 471 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 981437458X |
Foreword by Eric Maskin (Nobel Laureate in Economics, 2007)This volume brings together the collected contributions on the theme of robust mechanism design and robust implementation that Dirk Bergemann and Stephen Morris have been working on for the past decade. The collection is preceded by a comprehensive introductory essay, specifically written for this volume with the aim of providing the readers with an overview of the research agenda pursued in the collected papers.The introduction selectively presents the main results of the papers, and attempts to illustrate many of them in terms of a common and canonical example, namely a single unit auction with interdependent values. It is our hope that the use of this example facilitates the presentation of the results and that it brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.
Author | : Ronald MacDonald |
Publisher | : Routledge |
Total Pages | : 334 |
Release | : 2005 |
Genre | : Foreign exchange |
ISBN | : 1134838220 |
''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics""
Author | : José Antonio Ocampo |
Publisher | : Oxford University Press |
Total Pages | : 296 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 019871811X |
This volume provides an analysis of the global monetary system and proposes a comprehensive yet evolutionary reform of the system aimed at creating better monetary cooperation for the twenty-first century.
Author | : Ross M. Starr |
Publisher | : Academic Press |
Total Pages | : 364 |
Release | : 2014-05-10 |
Genre | : Business & Economics |
ISBN | : 1483273512 |
General Equilibrium Models of Monetary Economies: Studies in the Static Foundations of Monetary Theory is a collection of essays that addresses the integration of the theory of money and the theory of value by using a mathematical general equilibrium theory. The papers discuss monetary theory, microeconomic theory, bilateral trade, transactions costs, intertemporal allocation, and the value of money. The Arrow-Debreu model of Walrasian general equilibrium theory provides a framework to represent money as a device for facilitating trade among economic agents without the use of money as a medium of exchange and as a store of value. The essays analyze the rationale for using a medium of exchange, for using a store of value, and for holding of idle balances in equilibrium. The essays show that by explicit modeling of the structure and difficulties of trade, a powerful class of models which deny money and finance a role in the economy, has by itself shown to have provided the foundation for the structures of trade. The collection will prove helpful for economists, statistician, mathematicians, students or professors of economics and business.
Author | : Hsiang-Ke Chao |
Publisher | : Springer Science & Business Media |
Total Pages | : 256 |
Release | : 2013-07-31 |
Genre | : Philosophy |
ISBN | : 9400724543 |
This volume addresses fundamental issues in the philosophy of science in the context of two most intriguing fields: biology and economics. Written by authorities and experts in the philosophy of biology and economics, Mechanism and Causality in Biology and Economics provides a structured study of the concepts of mechanism and causality in these disciplines and draws careful juxtapositions between philosophical apparatus and scientific practice. By exploring the issues that are most salient to the contemporary philosophies of biology and economics and by presenting comparative analyses, the book serves as a platform not only for gaining mutual understanding between scientists and philosophers of the life sciences and those of the social sciences, but also for sharing interdisciplinary research that combines both philosophical concepts in both fields. The book begins by defining the concepts of mechanism and causality in biology and economics, respectively. The second and third parts investigate philosophical perspectives of various causal and mechanistic issues in scientific practice in the two fields. These two sections include chapters on causal issues in the theory of evolution; experiments and scientific discovery; representation of causal relations and mechanism by models in economics. The concluding section presents interdisciplinary studies of various topics concerning extrapolation of life sciences and social sciences, including chapters on the philosophical investigation of conjoining biological and economic analyses with, respectively, demography, medicine and sociology.
Author | : Jacob Frenkel |
Publisher | : Routledge |
Total Pages | : 389 |
Release | : 2013-07-18 |
Genre | : Business & Economics |
ISBN | : 1135043493 |
This book collects together the basic documents of an approach to the theory and policy of the balance of payments developed in the 1970s. The approach marked a return to the historical traditions of international monetary theory after some thirty years of departure from them – a departure occasioned by the international collapse of the 1930s, the Keynesian Revolution and a long period of war and post-war reconstruction in which the international monetary system was fragmented by exchange controls, currency inconvertibility and controls over international trade and capital movements.
Author | : Alan Budd |
Publisher | : |
Total Pages | : 0 |
Release | : 2005 |
Genre | : European Economic Community countries |
ISBN | : 9780255365666 |
Discusses the contribution of ERM membership to Britain's economic performance. This book suggests that Britain joined the ERM 'in despair' after trying various methods of controlling monetary growth without the success that had been anticipated. It discusses how the membership was a precondition for the adoption of a stable monetary arrangement.
Author | : William Stanley Jevons |
Publisher | : New York, A.M. Kelley |
Total Pages | : 424 |
Release | : 1965 |
Genre | : Economics |
ISBN | : |
Author | : John F. Bilson |
Publisher | : University of Chicago Press |
Total Pages | : 542 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226050998 |
This volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.