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Compensation and endogenous money in an open economy

In: Money, Banking and the Foreign Exchange Market in Emerging Economies

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Abstract

Despite the financial liberalization agenda of the mid-1980s, a system of bank oligopolies has developed in both large and small, open developing economies. Mainstream monetary theory tends to assume a capital markets structure and is therefore not well suited to an analysis of these economies. This book outlines a unique theoretical framework that can be used to examine monetary and exchange rate policies in developing economies or other economies in which banks dominate external finance.

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  • ., 2014. "Compensation and endogenous money in an open economy," Chapters, in: Money, Banking and the Foreign Exchange Market in Emerging Economies, chapter 5, pages 87-117, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15473_5
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    Cited by:

    1. John Deckop & Robert Giacalone & Carole Jurkiewicz, 2015. "Materialism and Workplace Behaviors: Does Wanting More Result in Less?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 121(3), pages 787-803, April.
    2. Brown, Jason L. & Farrington, Sukari & Sprinkle, Geoffrey B., 2016. "Biased self-assessments, feedback, and employees' compensation plan choices," Accounting, Organizations and Society, Elsevier, vol. 54(C), pages 45-59.

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    Keywords

    Economics and Finance;

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