1230002
9780521313643
Money and Value A Reconsideration of Classical and Neoclassical Monetary Theories
by Grandmont, Jean-Michel, Hammond, Peter, Holly, Alberto
31245
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- ISBN-13: 9780521313643
- ISBN: 0521313643
- Publisher: Cambridge University Press
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SUMMARY
This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system.Grandmont, Jean-Michel is the author of 'Money and Value A Reconsideration of Classical and Neoclassical Monetary Theories' with ISBN 9780521313643 and ISBN 0521313643.
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