Posted by: Dirk | January 17, 2017

Modern Monetary Theory and European Macroeconomics: preview

For those of you who are interested in my book (published with Routledge in 2016) but want to have a look first before buying the hardcover version or the ebook I provide this link to Google Books which shows quite a lot of the pages for free:

https://books.google.de/books?id=xdhRDQAAQBAJ&pg=PT99&lpg=PT99&dq=Modern+Monetary+Theory+and+European+Macroeconomics+pdf&source=bl&ots=DsRWklYOY4&sig=cMrlUKhGqb1qe_Sc3WAN_bO04s0&hl=de&sa=X&ved=0ahUKEwiZ4LXonMnRAhVBIMAKHWrRB8kQ6AEIPjAJ#v=onepage&q=Modern%20Monetary%20Theory%20and%20European%20Macroeconomics%20pdf&f=false

The book is an introduction into the creation of central bank money by the European Central Bank, the creation of deposits by banks and fiscal activities of the state. In a way, these are the microeconomic fundamentals that need to be understood before one continues to aggregate the data and do macroeconomics. In the second part of the book this aggregation is done through the construction of sectoral balances and an application of the theory to the eurozone.

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Responses

  1. Great stuff! I will get a copy; I should like to provide a copy to my German friend — is there only an English copy?


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