Screen LibraryMoney, finance and the real economy : what went wrong? /
The functions of the financial system of a developed economy are often badly understood. This can largely be attributed to free-market ideology, which has spread the belief that leaving finance to its own devices would provide the best possible mechanism for allocating savings. The latest financial...
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| Main Authors: | |
|---|---|
| Corporate Authors: | |
| Group Author: | ; |
| Published: |
Centre for European Policy Studies (CEPS),
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| Publisher Address: | Brussels : |
| Publication Dates: | [2015] |
| Literature type: | Book |
| Language: |
English French |
| Subjects: | |
| Summary: |
The functions of the financial system of a developed economy are often badly understood. This can largely be attributed to free-market ideology, which has spread the belief that leaving finance to its own devices would provide the best possible mechanism for allocating savings. The latest financial crisis has sparked the beginnings of a new awareness on this point, but it is far from having led to an improved understanding of the role of the financial institutions. For many people, finance remains more an enemy to be resisted than an instrument to be intelligently exploited. Its institutions |
| Carrier Form: | ii, 120 pages : illustrations ; 24 cm |
| Bibliography: | Includes bibliographical references (pages 117-120). |
| ISBN: |
9789461384188 (paperback) : 9461384181 (paperback) |
| Index Number: | HG230 |
| CLC: |
F810 F820.1 |
| Call Number: | F820.1/B837 |
| Contents: |
Foreword -- Introduction -- The monetary constraint -- The mechanics of the monetary constraint -- A relaxation of the monetary constraint -- From one rule to another -- Monetary impulses and the response of the economy -- The transmission of movements in policy rates -- The incidence of interest rates on corporate spending -- The incidence of interest rates on household spending -- Information and the supply of lending -- The inter-temporal dimension of macroeconomic regulation -- The information tools of the savings-co |