Free Banking vs. Central Banking: An Agent-based Approach - Bobkov, Nikita
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In this book 2 possible types of free banking system, defined as a system without a regulatory authority such as central bank are compared with a central banking system by modelling a small economy where independent agents, such as banks, consumers or businesses, dynamically interact with each other. The results are analysed in terms of the influence of different banking systems on the stability of price level and economic growth.

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Produktbeschreibung
In this book 2 possible types of free banking system, defined as a system without a regulatory authority such as central bank are compared with a central banking system by modelling a small economy where independent agents, such as banks, consumers or businesses, dynamically interact with each other. The results are analysed in terms of the influence of different banking systems on the stability of price level and economic growth.
Autorenporträt
Nikita Bobkov wurde in Moskau, Russland, geboren. Er hat einen BSc in Banking & Finance von der Higher School of Economics and University of London und einen MSc von der Universität Innsbruck.