03111cam a2200361 i 4500 OSt 20210427144821.0 140612s2015 enka b 001 0 eng 2014022364 9781118867921 DLC CO-JMCR eng 332.4 / F715m 23 BUS027000 bisacsh Serval, Jean-François, autor 37213 The monetary system : analysis and new approaches to regulation / Jean-François Serval, Jean-Pascal Tranié. Chichester, West Sussex, United Kingdom : John Wiley & Sons Ltd, 2015. xxiii, 287 páginas : ilustraciones en blanco y negro ; 25 cm. The Wiley finance series Includes bibliographical references and index. "The authors offer an analytic approach distinguishing those financial instruments that are freely transferable and those that can be classified as securitization and CDS as a result of their underlying legal structure from other financial instruments that can often be converted from one category to another. Their new aggregates M5 category encompass all instruments including cash from the Central Bank, in essence all receivables that in counterparty relationships are recorded as debts in some balance sheets, the M6 entry being the total of balance sheets from where the data has to be collected to compare them with revenues. By employing derivatives of M5 and M6 they cover all underlying collateral classes thus allowing a type of comprehensive economic modeling that no other authors have been able to propose. This text offers insights into the present situation of slow growth, rising debts and long term low inflation and puts forward some possible outcomes for the global economy. The authors point out the social role of monetary contracts not only because they are grounding exchanges as it has always been the since ever in the past but also because it's sampling is the tool for redistribution between actors including "sectors" through taxation and inflation and deflation and finally between generations"-- Provided by publisher. "This text provides an in-depth analysis of the definition of money and how money operates, taking a controversial stance in presenting the contemporary implementation of money as a social contract, governed by laws and regulations set by our society"-- Provided by publisher. Money. 37214 Finance. 37215 Financial institutions. 37216 Monetary policy. 37217 BUSINESS & ECONOMICS / Finance. bisacsh 37218 Tranié, Jean-Pascal autor 37219 Online version: Serval, Jean-François Monetary system Chichester, West Sussex, United Kingdom : Wiley, 2014 9781118867853 (DLC) 2014023438 7 cbc orignew 1 ecip 20 y-gencatlg ddc BK 11592 11592 0 0 ddc 0 0 CPL CPL GEN 2018-04-15 Donación 332.4 / F715m 430000314 2024-05-16 00:00:00 Ej.1 2021-03-10 BK