Money and Payments in Theory and Practice

Sergio Rossi

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English

Routledge
09 February 2015

International finance; Banking

Series: Routledge International Studies in Money and Banking

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.

By: Sergio Rossi
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 229mm, Width: 152mm, Spine: 10mm
Weight: 249g
ISBN: 9781138806207
ISBN 10: 113880620X
Series: Routledge International Studies in Money and Banking
Pages: 208
Publication Date: 09 February 2015
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Sergio Rossi