Money in the Modern World

Häftad, Engelska, 2010

1 108 kr

Beställningsvara. Skickas inom 5-8 vardagar. Fri frakt över 249 kr.

Beskrivning

The book explains the framework of the money, liquidity and monetary policy in the USA, the Eurozone, Japan, and the United Kingdom. Even if the book is based on contemporary banking practice, it arises from careful examination of the historical development of opinions on money, liquidity and monetary policy. The authors claim that money and liquidity (and the financial system as a whole) are demonstrated best through financial statements (balance sheet and income statement) which are based on accounting. Thus any operation is clarified through double-entry record. Furthermore, the fundamentals of the payment systems are outlined.

Produktinformation

Utgivningsdatum:2010-05-17
Mått:148 x 210 x 17 mm
Vikt:370 g
Format:Häftad
Språk:Engelska
Antal sidor:286
Förlag:Peter Lang AG
ISBN:9783631591185

Utforska kategorier

Mer om författaren

The Authors: Josef Jílek is Professor of Macroeconomics at the University of Economics, Prague (Czech Republic) and chief expert at the Czech National Bank. He lectures regularly and has published 17 books and many professional and scientific papers.Roman Matoušek is Principal Lecturer in International Banking at London Metropolitan Business School. His research encompasses theoretical and empirical inquiry into issues of emerging markets economies, banking regulation, and monetary policy.

Innehållsförteckning

Contents: Money – Monetary aggregates – Liquidity – Reserve requirements – Seigniorage – Monetary policy – Issue of currency – Operating target – Intermediate target – Ultimate target – Open market operations – Inflation targeting – Monetary policy transmission mechanism – Monetary policy channels – Foreign exchange intervention – Dollarization – Payment system.