Beginning with the development of credit-money theory in the 20th-century, the author derives a model that explains how interest rates are used by authorities to maintain price stability, and suggests how the current policy framework can be improved to promote growth.
Beginning with the development of credit-money theory in the 20th-century, the author derives a model that explains how interest rates are used by aut...
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.
Beginning with the development of credit-money theory in the twentieth century, Paul Dalziel derives a model that explains how interest rates are used...