The Flow of Funds in Theory and Practice A Flow-Constrained Approach to Monetary Theory and Policy

The central emphasis in the book is on the transaction and the constraints that its architecture imposes on a discussion of monetary theory and policy. Because of their comprehensiveness and discipline the flow-of-funds accounts are the ideal vehicle for theorizing about real and financial interacti...

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Bibliographic Details
Main Author: Cohen, J.
Format: eBook
Language:English
Published: Dordrecht Springer Netherlands 1987, 1987
Edition:1st ed. 1987
Series:Financial and Monetary Policy Studies
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • I The Transaction: The Basic Building Block
  • II Equilibrium
  • III Disequilibrium
  • IV Money and Banking in the Flow of Funds
  • V The Degree of Netness: Stocks vs. Flows
  • VI Policy Implications
  • VII An Idealized Set of Accounts
  • VIII Simple Model Building: The Sector and Transaction Identities
  • IX Flow-Flow Models
  • X A Stock Market Model
  • XI Portfolio Balance Models
  • XII Disequilibrium Models
  • XIII “Direct Linkage” Policy Models
  • XIV The Strength and Limitations of Flow-of-Funds Analysis
  • References
  • Name Index