- Additional Authors
- Shubik, Martin.
- Description
- 1 online resource (xv, 344 pages) : illustrations.
- Summary
- "Using simple but rigorously defined mathematical models, Thomas Quint and Martin Shubik explore monetary control in a simple exchange economy. Examining how money enters, circulates, and exits an economy, they consider the nature of trading systems and the role of government authority in the exchange of consumer goods for storable money; exchanges made with durable currency, such as gold; fiat currency, which is flexible but has no consumption value; conditions under which borrowers can declare bankruptcy; and the distinctions between individuals who lend their own money, and financiers, who lend others'."--Publisher's website.
- Uniform Title
- Barley, gold, or fiat (Online)
- Alternative Title
- Barley, gold, or fiat (Online)
- Subject
- Bibliography (note)
- Includes bibliographical references (pages 325-331) and index.
- Access (note)
- Access restricted to authorized users.
- Contents
- Money and context -- The properties of markets -- The basic model -- Trade with a money market -- Trade with a rich large agent -- Markets with gold -- Markets with fiat -- Default and bankruptcy -- A one-period sell-all model -- Clearinghouses, credit, and control -- The size and role of financial institutions -- Oligopolistic competition with cash and with a money market -- Monopolistic and oligopolistic bankers -- Competitive canking I : corporate banking with a central bank -- Competitive banking II : demonetization of gold -- Multiperiod models of trade -- Pure theory, practice, and context.
- LCCN
- 2013936411
- OCLC
- ssj0001153225
- Author
Quint, Thomas.
- Title
Barley, gold, or fiat [electronic resource] : toward a pure theory of money / Thomas Quint and Martin Shubik.
- Imprint
New Haven : Yale University Press, [2014]
- Bibliography
Includes bibliographical references (pages 325-331) and index.
- Access
Access restricted to authorized users.
- Connect to:
- Added Author
Shubik, Martin.
ebrary.