Best Seller General Equilibrium Models of Monetary Economies

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General Equilibrium Models of Monetary Economies High quality books

General Equilibrium Models of Monetary Economies
By:Ross M. Starr
Published on 2014-05-10 by Academic Press

General Equilibrium Models of Monetary Economies: Studies in the Static Foundations of Monetary Theory is a collection of essays that addresses the integration of the theory of money and the theory of value by using a mathematical general equilibrium theory. The papers discuss monetary theory, microeconomic theory, bilateral trade, transactions costs, intertemporal allocation, and the value of money. The Arrow-Debreu model of Walrasian general equilibrium theory provides a framework to represent money as a device for facilitating trade among economic agents without the use of money as a medium of exchange and as a store of value. The essays analyze the rationale for using a medium of exchange, for using a store of value, and for holding of idle balances in equilibrium. The essays show that by explicit modeling of the structure and difficulties of trade, a powerful class of models which deny money and finance a role in the economy, has by itself shown to have provided the foundation for the structures of trade. The collection will prove helpful for economists, statistician, mathematicians, students or professors of economics and business.

This Book was ranked at 31 by Google Books for keyword Monetary economics.

Book ID of General Equilibrium Models of Monetary Economies's Books is ezWjBQAAQBAJ, Book which was written byRoss M. Starrhave ETAG "Plp6Gwhn+jY"

Book which was published by Academic Press since 2014-05-10 have ISBNs, ISBN 13 Code is 9781483273518 and ISBN 10 Code is 1483273512

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Book which have "364 Pages" is Printed at BOOK under CategoryBusiness and Economics

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