000			03111cam a2200361 i 4500
003			OSt
005			20210427144821.0
008			140612s2015 enka b 001 0 eng
010			_a 2014022364
020			_a9781118867921
040			_aDLC _cCO-JMCR
041	0		_aeng
082	0	4	_a332.4 / _bF715m _223
084			_aBUS027000 _2bisacsh
100	1		_aServal, Jean-François, _eautor _937213
245	1	4	_aThe monetary system : _banalysis and new approaches to regulation / _cJean-François Serval, Jean-Pascal Tranié.
260			_aChichester, West Sussex, United Kingdom : _bJohn Wiley & Sons Ltd, _c2015.
300			_axxiii, 287 páginas : _bilustraciones en blanco y negro ; _c25 cm.
490	0		_aThe Wiley finance series
504			_aIncludes bibliographical references and index.
520			_a"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"-- _cProvided by publisher.
520			_a"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"-- _cProvided by publisher.
650	1	4	_aMoney. _937214
650	2	4	_aFinance. _937215
650	2	4	_aFinancial institutions. _937216
650	2	4	_aMonetary policy. _937217
650	2	4	_aBUSINESS & ECONOMICS / Finance. _2bisacsh _937218
700	1		_aTranié, Jean-Pascal _eautor _937219
776	0	8	_iOnline version: _aServal, Jean-François _tMonetary system _dChichester, West Sussex, United Kingdom : Wiley, 2014 _z9781118867853 _w(DLC) 2014023438
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2ddc _cBK
999			_c11592 _d11592