Euromoney

Paul Davidson

Chapter 11 in International Money and the Real World, 1982, pp 216-230 from Palgrave Macmillan

Abstract: Abstract In our analysis of money, we have focused on its two basic functions, those of (a) the means of contractual settlement, and (b) the vehicle for transferring purchasing power over time, a liquidity time machine.

Keywords: Money Supply; Saving Bank; Domestic Currency; Liquid Asset; Efficiency Wage (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-16679-4_11

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DOI: 10.1007/978-1-349-16679-4_11

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