Three Lectures on the Theory of Money and Financial Institutions: Lecture 1: A Nontechnical Overview
18 Pages Posted: 21 Apr 2016 Last revised: 21 May 2016
Date Written: April 13, 2016
Abstract
This is a nontechnical retrospective paper on a game theoretic approach to the theory of money and financial institutions. The stress is on process models and the reconciliation of general equilibrium with Keynes and Schumpeter’s approaches to non-equilibrium dynamics.
Keywords: Bankruptcy, Innovation, Growth, Competition, Price-formation
JEL Classification: C7, E12
Suggested Citation: Suggested Citation
Shubik, Martin, Three Lectures on the Theory of Money and Financial Institutions: Lecture 1: A Nontechnical Overview (April 13, 2016). Cowles Foundation Discussion Paper No. 2036, Available at SSRN: https://ssrn.com/abstract=2767106 or http://dx.doi.org/10.2139/ssrn.2767106
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.