Money, Credit and Price Stability

1st Edition

Paul Dalziel

Routledge
Published April 28, 2014
Reference
ISBN 9781138010116 - CAT# Y164430
Series: Routledge International Studies in Money and Banking

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Summary

Beginning with the development of credit-money theory in the twentieth century, Paul Dalziel derives a model that explains how interest rates are used by authorities to maintain price stability. His conclusions suggest ways in which the current policy framework can be improved to promote growth, without sacrificing that stability.

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