The money-creation model: Graphic illustration

被引：5

作者：

Lai, CC ^{[1
]}

Chang, JJ ^{[1
]}

Kao, MR ^{[1
]}

机构：

[1] Natl Taiwan Univ, Taipei, Taiwan

来源：

JOURNAL OF ECONOMIC EDUCATION | 2004年 / 35卷 / 01期

关键词：

money creation; money multiplier; pedagogy;

D O I：

10.3200/JECE.35.1.79-88

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The authors propose a pedagogical apparatus embodying a solid microfoundation with emphasis on the public's choice between currency and demand deposits being an optimal decision. On the basis of the pedagogical exposition, the authors explain how money supply is related to the combined behaviors of the central bank, commercial banks, and the public.

引用

页码：79 / 88

页数：10

共 9 条

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[2]

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[5]

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[6]

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