||0 of 0 people found the following review helpful.| currency union and dirty floats there is always a constant “jiggling and juggling” ...|By bogey|As a follower of MMT and Coming from the Caribbean where we have a combination of currency pegs, currency union and dirty floats there is always a constant “jiggling and juggling” of the thought processes re. policy options. This book goes a long way in smoot|About the Author||Dirk H. Ehnts works as a lecturer in Economics at Bard College, Berlin.
This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. Money, after all, is born on the balance sheets of the central bank or commercial bank. While households and firms hold accounts at banks with deposits, banks hold an account at the central ban...
[PDF.oz88] Modern Monetary Theory and European Macroeconomics (Routledge International Studies in Money and Banking) Rating: 3.64 (707 Votes)
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