Money and Payments in Theory and Practice

By:

Sergio Rossi

Format:

Paperback / softback

Series:

Routledge International Studies in Money and Banking

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Description

International in scope and written by a leading young Post-Keynesian economist, this book focuses on the working of money and payments in a multi-bank settlement system within which banks and non-bank financial institutions have been expanding their operations outside their countries of incorporation. Departing from conventionally held beliefs, Sergio Rossi sets off from a positive analysis of the logical origin of money, which is the essential principle of double-entry book-keeping through which banks record all debts and credits for further reference and settlement and provides theoretical and empirical advances in explaining money endogeneity for the investigation of contemporary domestic and international monetary issues. Showing that both money and banking have profound implications for real economic activities, this innovative work is essential reading, not only for scholars in monetary economics, but also for professionals concerned with monetary policy and payments system issues.

Release date NZ

February 9th, 2015

Author

Sergio Rossi

Audience

Tertiary Education (US: College)

Illustrations

45 Tables, black and white; 24 Line drawings, black and white; 24 Illustrations, black and white

Pages

208

Series

Routledge International Studies in Money and Banking

Dimensions

152x229x10

ISBN-13

9781138806207

Product ID

22296920

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