Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Money, Inflation and Business Cycles: The Cantillon Effect and the Economy

Money, Inflation and Business Cycles: The Cantillon Effect and the Economy

Sieroń, Arkadiusz

Hardcover

Series: Routledge International Studies in Money and Banking

EconomicsInvesting & Finance

ISBN10: 0367086654
ISBN13: 9780367086657
Publisher: Routledge
Published: Feb 7 2019
Pages: 172
Weight: 0.95
Height: 0.60 Width: 6.30 Depth: 9.30
Language: English

Who would disagree that money matters? Economists have yet to sufficiently explore issues related to monetary inflation in relation to the Cantillon effect, i.e. distribution and price effects resulting from uneven changes in the money supply and their impact on the economy.

This book fills this important gap in the existing literature. The author classifies the various channels through which new money can be injected into the economy and demonstrates that it is not only the increase in money supply that is important, but also the way in which it occurs. Since the increase in money supply does not affect the cash balance of all economic entities in the same proportion and at the same time - new money is introduced into the economy through specific channels - a distribution of income and changes in the structure of relative prices and production occur.

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