Readings in Money and Banking |
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Page 85
... present values , though . is a second - order problem compared with not having informa- tion on all payments to ... presents evi- dence that free banking was also associated with more changes in banks ' market ranks . Kahn's ( 1985 ) ...
... present values , though . is a second - order problem compared with not having informa- tion on all payments to ... presents evi- dence that free banking was also associated with more changes in banks ' market ranks . Kahn's ( 1985 ) ...
Page 171
... present time the number of births per day is nearly double the number of deaths ) , upwards of 250,000 new labourers will enter the labour market annually in excess of those going out of it . To maintain this growing body of labour at ...
... present time the number of births per day is nearly double the number of deaths ) , upwards of 250,000 new labourers will enter the labour market annually in excess of those going out of it . To maintain this growing body of labour at ...
Page 287
... presents a brief chro- nology of the gold standard from 1821 to 1971. The fifth presents empirical evidence for the economies of the United States and the United Kingdom on the price and output stabilization properties of the classical ...
... presents a brief chro- nology of the gold standard from 1821 to 1971. The fifth presents empirical evidence for the economies of the United States and the United Kingdom on the price and output stabilization properties of the classical ...
Contents
Why Bother? | 3 |
The Theory of Money | 12 |
The Evolution of | 23 |
Copyright | |
18 other sections not shown
Common terms and phrases
assets balance bank failures bank notes Bank of England bank's bankers banking crises banking panics banking system bonds borrow branch banking capital cash central bank changes charter circulation clearinghouse commercial banks commodity money costs countries crisis currency demand deposits deposit insurance depositors discount dollar economic economists effect excess demand exchange Federal Reserve Bank Federal Reserve System fractional-reserve banking free banking funds George Selgin gold standard growth rate History income increase inflation inside money institutions interest rates investment last resort lender of last liabilities loans losses ment Milton Friedman monetary authority monetary policy money supply national banks natural rate note issue noteholders operations payments percent period price level price of gold production profits purchasing power rate of interest real output real rate redeem regulation reserve requirements restrictions rise rule securities stability theory thrifts tion trade trend United value of money velocity wages wildcat banking York