globalization restrict states' capacity to manipulate trade policies, politicization of trade is likely to occur where governments … intervene in markets. We examine state ownership of firms as one tool of government control. Taking China and India as examples …

try to assess the relative importance of money against interest rate in explaining the evolution of the price level in six …

interest, which provided a link with the theory of money. Everything was granted a role - productiveness and prospectivess … Marshall's theory of capital was the establishment of a functional link between the theory of value and the theory of money. As …

In this paper, I provide a rationale for why money should earn interest; or, what amounts to the same thing, why risk …-free claims to non-interest-bearing money should trade at discount. I argue that interest-bearing money is essential when … individual money balances are private information. The analysis also suggests one reason for why it is sufficient (as well as …

As per the researchers on monetary economics, a detailed account of the changing role of money from Walrasian and Non …-Walrasian settings to the more recent theories on the dynamics of the relationships between money, inflation and growth with reference to …

monetary exchange and credit. Imperfect memory makes money useful, but it also permits theft to go undetected, and therefore … theft, and the optimal money growth rate tends to rise as the cost of theft falls. …