Accession Number:

AD0738047

Title:

A Theory of Money and Financial Institutions. Part IV. Fiat Money and Noncooperative Equilibrium in a Closed Economy,

Descriptive Note:

Corporate Author:

YALE UNIV NEW HAVEN CONN COWLES FOUNDATION FOR RESEARCH IN ECONOMICS

Personal Author(s):

Report Date:

1972-02-07

Pagination or Media Count:

50.0

Abstract:

Contents Commodity money Some modeling considerations A noncooperative economy with fiat money Some examples On macroeconomies and microeconomies Inflation and deflation Transactions costs The velocity of circulation and the quantity of money A moncooperative game for the money market Taxation, gross national product and welfare.

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE