Money, Coordination and Prices

ISBN-13: 9781840642865 / Angielski

Opis

Money, Coordination and Prices explains the phenomena of nominal price rigidity as a characteristic of a monetary economy by means of an innovative combination of insights, using several strands of economic thought, to analyze the monetary economy. The work connects neoclassical and New Keynesian explanations of the use of money and nominal price rigidity and provides heterodox analyses of the two phenomena. The author integrates the mainstream approach with views from institutional and evolutionary economics, as well as post-Keynesian economics.