Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this wide-ranging book. By continually building on the assumption that economic actors are maximizers, they explain how monetary and financial services, as well as related governance mechanisms, influence economic performance. In this manner, Money, Financial Intermediation and Governance not only lets readers make sense of today’s monetary authorities and financial markets, it lets them see through superficial complexities to the fundamental influences that will shape those organizations for years to come.
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- Money, Financial Intermediation and Governance
- About the book
- About the authors
- Chapter 1: Modeling
- Chapter 2: Foundation
- Chapter 3: A Model Economy
- Chapter 4: What is Money?
- Chapter 5: Money and the Level of Economic Well-being
- Chapter 6: Money in a Classical Economy
- Chapter 7: Money in a Keynesian Economy
- Chapter 8: Should Monetary Policy be Active?
- Chapter 9: Is Monetary Policy Active?
- Chapter 10: Measuring Monetary Services
- Chapter 11: Organizing the Production of Monetary Services
- Chapter 12: The Case of the ‘Fed’
- Chapter 13: Asymmetric Information
- Chapter 14: Financial Intermediaries and their Governance
- Chapter 15: Corporate Governance
- Chapter 16: Financial Development and Economic Performance
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