On the coexistence of money and credit
This thesis explores the idea of money and credit as complementary media of exchange. Complementarity has interesting implications for the effects of monetary policy on macro-economic variables. The impact of inflation is markedly different in a world in which money and credit are complementary or s...
| Main Author: | |
|---|---|
| Published: |
London School of Economics and Political Science (University of London)
2005
|
| Subjects: | |
| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.419867 |