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Money and Monetary Systems - Selected Essays of Filippo Cesarano (Hardcover)
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Money and Monetary Systems - Selected Essays of Filippo Cesarano (Hardcover)
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Monetary theory not only provides the tools to analyse monetary
arrangements, it also shapes them in an essential way. The selected
papers gathered together in this book deal with a variety of topics
concerning both aspects of this twofold relationship. A number of
controversial issues regarding the demand for money are empirically
investigated and the functioning of a cashless economy is clarified
by critically assessing the new monetary economics. Filippo
Cesarano shows the important role played by monetary theory in
shaping the evolution of monetary arrangements. This principle is
illustrated by focusing on several issues relating to both current
and future developments of monetary institutions: the optimum
quantity of money, the international monetary system and monetary
unions. Equilibrium models are viewed as a benchmark against which
the actual conditions of the economy must be set. Money and
Monetary Systems will be of great interest and value to economists
specialising in monetary theory and international monetary
economics, postgraduate students in economics and economic
historians.
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