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Money, banking, and economic activity /
Money, Banking, and Economic Activity.
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York :
Academic Press,
�1981.
|
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Front Cover; Money, Banking, and Economic Activity; Copyright Page; Dedication; Table of Contents; PREFACE; CHAPTER 1. THE IMPORTANCE OF MONEY; CHAPTER 2. WHAT IS MONEY?; THE TRADITIONAL DEFINITION; THE EMPIRICAL DEFINITION OF MONEY; A COMPARISON OF THE TRADITIONAL AND EMPIRICAL DEFINITIONS; THE LIQUIDITY DEFINITION; MONETARY SYSTEMS; CREDIT MONEY AND MONETARY MANAGEMENT; CREDIT MONIES AND INFLATION; THE EFFECT OF INFLATION ON CREDIT MONIES; SOCIAL BENEFITS OF PAPER MONEY; SUMMARY; STUDY QUESTIONS; SELECTED REFERENCES AND READINGS; CHAPTER 3. FINANCIAL INTERMEDIARIES; THE LENDING PROCESS.
- Financial intermediaries and risk reductionthe ability of intermediaries to decrease their own risks; specialization and cost reduction; a mixed blessing?; disintermediation and regulation q; historical rationalizations for regulation q; recent rationalizations for regulation q; the effectiveness of regulation q; the cost of regulation q; the structure and growth of financial intermediaries; financial intermediaries and the volume of credit; financial intermediaries and lending specialization; the flow of loanable funds through private intermediaries; summary; study questions.
- Selected references and readingschapter 4. the supply of money; the balance sheet; money creation; some final thoughts on the m-1b supply of money; what determines the supply of money?; who controls the money supply?; can the central bank control the money supply?; summary; study questions; selected references and readings; appendix a- the origin of commercial banking; appendix b- bank credit rather than money; appendix c- bank reserve requirements and their enforcement: a comparison across states; appendix d- variations on a theme.
- Chapter 5. the economic role of nonmoney-creating financial intermediariesrecent developments altering the functions of financial intermediaries; the historical concern with thrift institutions; monetary analysis and the place of thrift institutions; the distinguishing characteristics of commercial banks; thrift institutions and monetary policy; thrift institutions and the money multiplier; federal funds and repurchase agreements; summary; study questions; selected references and readings; chapter 6. the theory and practice of commercial banking; the bank balance sheet.
- The asset and liability structure of a typical large bankthe relationship between market interest rates and bond prices; the theories of commercial banking; summary; study questions; selected references and readings; chapter 7. central banking; the history of american central banking; the tools of central banking; the federal reserve as a fiscal agent; proposals for reform; summary; study questions; selected references and readings; chapter 8. the derivation of the monetary base; sources of the base; movements in the source accounts over time.