Tilburg Studies in Economics

Money and economic growth

Authors: Sijben, J.J.

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About this book

In monetary theory the paramount problem posed by many eco­ nomists was always whether monetary variables had a certain influence on the real variables in the economy, so that money would not be neutral but influence the economic process. In this way the outcome would differ from that of a barter economy. The outcome of this development was that money could no longer be regarded as an accommodating item like in many out-dated text-books but as an autonomous factor, the influence of which is explicitly ana­ lyzed. When, after the Second World War, the 'real' side of eco­ nomics developed into growth economics, it was quite natural that efforts were made to integrate both lines of thought so that the effect of the rate of increase of money on the rate of growth of real national income could be studied. Dr. Sijben gives the full and thorough story of these efforts in a way that enables economists to compare the different approaches more easily than was possible up to now. More specifically the various models are made comparable by the use of the same sym­ bols for the same variables allover the book. After the introductory chapter Tobin's outside-money model in a neo-classical framework is discussed. What is income in this respect? Tobin argues that real disposable income is real net national income plus the real value of the increase in monetary balances.

Table of contents (5 chapters)

Table of contents (5 chapters)

Buy this book

eBook $84.99
price for USA in USD
  • ISBN 978-1-4613-4240-3
  • Digitally watermarked, DRM-free
  • Included format:
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $109.00
price for USA in USD
  • ISBN 978-1-4613-4242-7
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Money and economic growth
Authors
Series Title
Tilburg Studies in Economics
Series Volume
17
Copyright
1976
Publisher
Springer US
Copyright Holder
H.E. Stenfert Kroese B.V., Leiden, the Netherlands
eBook ISBN
978-1-4613-4240-3
DOI
10.1007/978-1-4613-4240-3
Softcover ISBN
978-1-4613-4242-7
Edition Number
1
Number of Pages
XIII, 216
Topics