Money and Payments in Theory and Practice

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A01=Sergio Rossi
absolute
advanced monetary systems research
assets
Author_Sergio Rossi
Bank B1
Bank Deposits
Category=KCL
Category=KFFK
central
Central Bank Deposit
Central Bank Money
CLS Bank
Commercial Bank Money
CSDs
Deposit Holders
deposits
Domestic Payment Systems
Double Entry
Double Entry Bookkeeping
double-entry book-keeping
Doubleentry Bookkeeping
endogenous money theory
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
exchange
Firm Ii
general
government
Home Central Bank
international financial institutions
International Monetary Fund
International Settlement Systems
liabilities
Monetary Department
Monetary Macroeconomics
monetary policy analysis
Monetary Policy Strategies
Monetary Units
multi-bank settlement
National Payment System
Non-bank Agents
post-Keynesian economics
RTGS System
sector
Settlement Agent
SSS
unit

Product details

  • ISBN 9780415373371
  • Weight: 470g
  • Dimensions: 156 x 234mm
  • Publication Date: 01 Mar 2007
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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International in scope and written by a leading young Post-Keynesian economist, this book focuses on the working of money and payments in a multi-bank settlement system within which banks and non-bank financial institutions have been expanding their operations outside their countries of incorporation.

Departing from conventionally held beliefs, Sergio Rossi sets off from a positive analysis of the logical origin of money, which is the essential principle of double-entry book-keeping through which banks record all debts and credits for further reference and settlement and provides theoretical and empirical advances in explaining money endogeneity for the investigation of contemporary domestic and international monetary issues.

Showing that both money and banking have profound implications for real economic activities, this innovative work is essential reading, not only for scholars in monetary economics, but also for professionals concerned with monetary policy and payments system issues.

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