Discuss the main characteristics of money, bonds, credit and equities/stocks in actual financial markets. What is gained

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Discuss the main characteristics of money, bonds, credit and equities/stocks in actual financial markets. What is gained and what is lost by having a macroeconomic model with only two financial assets, money and bonds, with the latter including credit and equities?

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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