Normal view MARC view ISBD view

Monetary policy, rudimentary financial markets and rapid goods market adjustment

By:

Singh, Thomas B

Material type: Text

TextPublication details: [Caribbean Centre for Monetary Studies] [St. Augustine]TT 2002Description: [2], 19 leavesAction note:

3/21/03 JOYD

Summary: Discusses the importance of the state of financial market development to the adjustment mechanism. Presents a review of the standard Keynesian adjustment mechanism and discusses the determination of output and the interest rate. Focuses on the relatively rapid goods market adjustment when financial markets are rudimentary and also when inventory costs are high. Comments on the potential applicability of the analysis to the open economy and even to developed countries, especially in the wake of recent corporate accounting scandals.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

No physical items for this record

Discusses the importance of the state of financial market development to the adjustment mechanism. Presents a review of the standard Keynesian adjustment mechanism and discusses the determination of output and the interest rate. Focuses on the relatively rapid goods market adjustment when financial markets are rudimentary and also when inventory costs are high. Comments on the potential applicability of the analysis to the open economy and even to developed countries, especially in the wake of recent corporate accounting scandals.

3/21/03 JOYD

There are no comments on this title.

to post a comment.