LEADER 04708oam 2200637I 450 001 9910789596603321 005 20230617021616.0 010 $a1-136-50640-3 010 $a1-136-50647-0 010 $a1-315-01643-5 024 7 $a10.4324/9781315016436 035 $a(CKB)3710000000056433 035 $a(EBL)1539097 035 $a(OCoLC)863823185 035 $a(MiAaPQ)EBC1539097 035 $a(Au-PeEL)EBL1539097 035 $a(CaPaEBR)ebr10800193 035 $a(CaONFJC)MIL762070 035 $a(OCoLC)868979693 035 $a(EXLCZ)993710000000056433 100 $a20180706e20031962 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aMoney, income and employment /$fErich Schneider 210 1$aLondon :$cRoutledge,$d2003. 215 $a1 online resource (291 p.) 225 1 $aRoutledge library editions. Economics. Economic theory & econometrics ;$vV 300 $aFirst published in 1962. 311 $a0-415-60712-4 311 $a0-415-31318-X 320 $aIncludes bibliographical references and index. 327 $aCover; Original Title Page; Title Page; Copyright Page; Translator's Note; Preface; Table of Contents; Introduction; I. THE MEANS OF PAYMENT IN THE PRESENT-DAY ECONOMY; II. THE CREATION AND DESTRUCTION OF MONEY; 1. Model of a system with one bank in which payments are made without using cash (Wicksell's Ideal Bank); 2. Model of a system with several banks in which payments are made without using cash; 3. Model of a single-tier mixed-money banking system (single-tier mixed-money system); 4. The role of the central bank in a single-tier mixed-money system 327 $aIII. THE DETERMINANTS OF NATIONAL INCOME AND ITS FLUCTUATIONSA. THE CASE OF A CLOSED ECONOMY WITHOUT GOVERN-MENT ACTIVITY; 1. The case when intended net investment is positive and given; 2. The case when net investment depends on national income ; 3. Changes in national income resulting from changes in the propensities to invest and consume (the multiplier problem); 4. The history and development of multiplier theory (the multi-sector multiplier); 5. The case when net investment depends on the rate of interest; 6. The quantity theory of money; 7. The acceleration principle 327 $a 8. The acceleration principle and the determination of income 9. The basic principles of the theory oflong-run growth; B. THE CASE OF A CLOSED ECONOMY WITH GOVERNMENT ACTIVITY; 1. Introductory; 2. Various concepts of income; 3. The effect of government expenditure on the level of national income; 4. The effect of taxes and government borrowing on national income; 5. The combined effect of changes in government expenditure and revenue; 6. The case when taxation varies with the level of income ; C. THE BALANCE OF PAYMENTS AND NATIONAL INCOME 327 $a 1. The determinants of national income in an open economy 2. The export multiplier; 3. The export multiplier in the case of a two-country model; 4. The investment multiplier in the case of a two-country model; 5. The balance of payments and the rate of exchange; 6. Devaluation and the terms of trade; 7. The effects of changes in the conditions of demand and supply on the balance of payments; 8 Concluding remarks; APPENDIX l (to Chapter III, Section A, 3.) The Multiplier in Conditions of Under-employment and Full Employment 327 $aAPPENDIX II (to Chapter III, Section A, 7.) Wage Rates, Commodity Prices and EmploymentBIBLIOGRAPHY; INDEX OF AUTHORS 330 $aPart One of this book deals with the theory of how money is created and destroyed. Essential principles are illustrated by considering various models of banking systems. Part Two provides an account of the modern theory of income and employment.

* Theory backed up with examples of the simplest to the most complicated models, for example:
* The model of ""a closed economy without a government"" to one in which government expenditure and revenue affect the level of national income
* The model in which the rate of interest and quantity of money have no effect and the model in which t 410 0$aRoutledge library editions.$pEconomics.$pEconomic theory & econometrics ;$v5. 606 $aMoney 606 $aBanks and banking 606 $aIncome 615 0$aMoney. 615 0$aBanks and banking. 615 0$aIncome. 676 $a339.2 700 $aSchneider$b Erich$f1900-1970.,$0105377 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910789596603321 996 $aMoney, income and employment$9457107 997 $aUNINA