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The Theory of Monetary Institutions

ISBN: 978-1-55786-236-5
Hardcover
284 pages
May 1999
US $125.00 Add to Cart

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The Theory of Monetary Institutions (1557862362) cover image
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Preface.

Part I: The Evolution of Market Monetary Institutions.

Part II: Commodity Money.

Part III: Money Issue by Unrestricted Banks.

Part IV: The Evolution and Rationales of Central Banking.

Part V: Should Government Play a Role in Money?.

Part VI: Should Government Play a Role in Banking?.

Part VII: Seigniorage.

Part VIII: Central Bank as Bureaucracy.

Part IX: Political Business Cycle Hypotheses.

Part X: Discretion and Dynamic Inconsistency.

Part XI: Monetary Rules.

Part XII: Competitive Supply of Fiat-Type Money.

Part XIII: Cashless Competitive Payments and Legal Restrictions.