Time and Money: The Macroeconomics of Capital Structure

1st Edition

Roger W Garrison

Routledge
Published January 11, 2007
Reference - 276 Pages
ISBN 9780415771221 - CAT# RU71226
Series: Routledge Foundations of the Market Economy

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Summary

Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.

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