Money and payments in theory and practice. (2007)

• Record Type: Book
• Further Information: Note: Sergio Rossi.
• Other Names: Rossi, Sergio, 1967-
• Contents: Introduction -- Money and credit -- The essence of money -- The commodity theory of money: a critical appraisal -- The chartalist theory of money: an analytical assessment -- The mechanisms of credit -- Banks and credit -- Credit and production -- Money and credit supply -- Endogenous money and credit -- Banks and payments -- The monetary macroeconomics of banking -- The dual function of banks -- The meaning and purchasing power of bank deposits -- The monetary macroeconomics of payments -- Payments on the labour market -- Payments on the financial market -- Payments on the market for produced goods and services -- The central bank and the state -- The monetary macroeconomics of interbank payments -- The characteristics and workings of the national payment system -- The dual function of a central bank in domestic payment systems -- The monetary macroeconomics of state payments -- Some conceptual shortcomings in the state theory of money -- The dual function of a central bank in state payments -- International settlement systems -- The current architecture for international payments -- The lack of an international settlement institution -- The lack of international money emissions -- Reforming the international monetary architecture -- The working of an international settlement institution -- The working of international money emissions -- Monetary policy strategies -- Inflation theory and inflation targeting: a critical appraisal -- Some conceptual and analytical shortcomings -- Inflation in an endogenous money system -- A structural target for monetary policy: payment systems' reform -- The required structural change in domestic payment systems -- The operationalization of payment systems' reform -- Bibliography -- Author index -- Subject index.
• Publisher Details: Place of publication not identified : Routledge
• Publication Date: 2007
• Extent: 1 online resource (208 pages), (24 illustrations)
• Subjects: 332.4; BUSINESS & ECONOMICS / Banks & Banking; Monetary policy; Payment; Banks and banking; Banks and banking, Central; International finance; BUSINESS & ECONOMICS / Finance
• Languages: English
• ISBNs: 9781134190782; 1134190786
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.