Modern Money Theory

Modern Money Theory

A Primer on Macroeconomics for Sovereign Monetary Systems

Wray, L. Randall

Springer International Publishing AG

05/2024

320

Mole

9783031478864

15 a 20 dias

Descrição não disponível.
1. The Basics of Modern Money Theory.- 2. The Basics of Macroeconomic Accounting.- 3. Spending by Issuer of Domestic Currency.- 4. The Domestic Monetary System: Banking and Central Banking.- 5. Fiscal Operations in a Nation That Issues Its Own Currency.- 6. Tax Policy for Sovereign Nations.- 7. Modern Money Theory and Alternative Exchange Rate Regimes.- 8. Monetary and Fiscal Policy for Sovereign Currencies: What Should Government Do?.- 9. Policy for Full Employment and Price Stability.- 10. Inflation and sovereign currencies.- 11. Conclusions: Modern money theory for sovereign currencies.
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Macroeconomic Accounting;Stocks and flows;Government budget deficits;Domestic currency;Sovereign currency;Economic sustainability;Domestic monetary systems;Central bank clearing;Balance sheets of banks;Exogenous interest rates;Quantitative easing;Treasury coordination;Treasury debt operations;Fiscal operations;Tax policy for sovereign nations;Alternative exchange rate regimes;Floating exchange rates;COVID-19 economic response;Employment and price stability;Inflation and sovereign currencies