4629103
9780521251419
This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system.Grandmont, Jean-Michel is the author of 'Money and Value: A Reconsideration of Classical and Neoclassical Monetary Economics - Jean-Michel Grandmont - Hardcover' with ISBN 9780521251419 and ISBN 0521251419.
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