E-Book, Englisch, 166 Seiten
Schaefer Money, Trust, and Banking
1. Auflage 2005
ISBN: 978-0-230-51326-6
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
An Integrated Approach to Monetary Theory and Banking Theory
E-Book, Englisch, 166 Seiten
ISBN: 978-0-230-51326-6
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
This book shows how money and banks emerge to efficiently address problems of trust between economic agents. The analysis offers an innovative approach for integrating monetary theory, banking theory, and standard economic theory in a game theoretical framework. The unified perspective of the book contributes to a better understanding of the microeconomic foundations of monetary policy and banking. It emphasizes the importance of trust supported by credible institutional structures in the financial industry.




