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The processes of transmission between monetary systems under fixed exchange rates

In: The International Monetary System and the Theory of Monetary Systems

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Abstract

The process of transmission of monetary phenomena between countries is first stated according to different international monetary models (the Hume model, the Keynesian model, the monetary approach to the balance of payements). Then, it is analysed according to the characteristics of monetary systems (hierarchical and non-hierarchical systems; monetary systems with 100 per cent reserves or fractional reserves).

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  • ., 2016. "The processes of transmission between monetary systems under fixed exchange rates," Chapters, in: The International Monetary System and the Theory of Monetary Systems, chapter 16, pages 137-149, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17285_16
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    Keywords

    Economics and Finance;

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