Money, Trust, and Banking
An Integrated Approach to Monetary Theory and Banking Theory
Published on 26. October 2005
Book
Paperback/Softback
VIII, 166 pages
978-1-349-54781-4 (ISBN)
Description
This book shows how money and banks emerge to efficiently address problems of trust between economic agents. The analysis offers an innovative approach for integrating monetary theory, banking theory, and standard economic theory in a game theoretical framework. The unified perspective of the book contributes to a better understanding of the microeconomic foundations of monetary policy and banking. It emphasizes the importance of trust supported by credible institutional structures in the financial industry.
More details
Edition
1st ed. 2005
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Illustrations
1 s/w Abbildung
VIII, 166 p. 1 illus.
Dimensions
Height: 216 mm
Width: 140 mm
Thickness: 10 mm
Weight
230 gr
ISBN-13
978-1-349-54781-4 (9781349547814)
DOI
10.1057/9780230513266
Schweitzer Classification
Other editions
Additional editions
Book
10/2005
Palgrave Macmillan
€53.49
Shipment within 10-20 days
Person
GUIDO K. SCHAEFER is Assistant Professor in the Economics Department at the Vienna University of Economics and Business Administration, Austria, a position he has held since 1995. He teaches money and banking in the Management Science and the Economics Programme. He has published articles in journals and edited volumes and is the author of
Regulation and Stability in the Banking Systems: The Case of Deposit Insurance
.
Content
Introduction The Problem of Trust in Monetary Theory Money, Trust, and Contemporary Banking Theory An Analytical Framework for an Integrated Formal Theory of Money, Trust, and Banking A Basic Model of Exchange Barter with Intermediate Exchange of Goods Privately Issued I.O.U.s as a Medium of Exchange Money as Central Bank Debt The Transactions Bank: On the Missing Link Between Monetary Theory and Banking Theory Efficient Transactions and Synergies in Banking An Integrated Perspective on Money, Trust, and Banking