Money, Coordination and Prices Van Der Lecq Hardback Edward Elgar 9781840642865

Money, Coordination and Prices Van Der Lecq Hardback Edward Elgar 9781840642865

Money, Coordination and PricesAuthor(s): S. G. van der Lecq\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781840642865, 978-1840642865\nSynopsis\nMoney, Coordination and Prices explains the phenomenon of nominal price rigidity as a characteristic of a monetary economy by means of an innovative combination of insights, using several strands of economic thought, to analyse the monetary economy. The work connects neoclassical and New Keynesian explanations of the use of money and nominal price rigidity and provides heterodox analyses of the two phenomena. The author integrates the mainstream approach with views from institutional and evolutionary economics, as well as post Keynesian [url] include:\n\ntheories of money and nominal price stickiness\nconventions and institutions in coordination problems\ntrust in a monetary economy\nthe stability of the monetary economy\nthe monetary economy as an open self-orga.

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