International Money and the Real World |
Contents
Shortage of Saving Hypothesis | 25 |
The Taxonomy of International Money | 79 |
Trade Money and International Payments | 96 |
Copyright | |
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Common terms and phrases
aggregate analysis and/or balance bankers banking system Cartel cash Central Bank ceteris paribus commodity standard consumers consumption contractual commitments contractual obligations contractual settlement deficit nation demand deposits developed domestic money supply domestic residents economic agents economists efficiency earnings efficiency wages elasticity energy entrepreneurial economy entrepreneurs equilibrium Eurobankers Eurocurrency Eurodollar exchange markets existence expansion expectations exports factor finance fixed capital fixed exchange rate flexible exchange rates foreign exchange market forward contracts full employment fully liquid asset future gold gross substitution hence Hicks imports incomes policy increase inflation international liquidity investment J. M. Keynes J. R. Hicks Keynes labour liabilities liquidity time machine MNCs Monetarist money contracts money costs money supply money wages monopoly neoclassical oil terms OPEC output payments Post Keynesian purchasing power real income real world relative reserve assets spot market stability sticky terms of trade theory trade deficit trade imbalance trading partners transactions Walras