Download or read book The Demand for Money written by William Johnson Frazer and published by . This book was released on 1967 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Transactions Demand for Money written by John Bryant and published by . This book was released on 1978 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Survey of Literature on Demand for Money written by Mr.Subramanian S. Sriram and published by International Monetary Fund. This book was released on 1999-05-01 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been conducted in both industrial and developing countries to evaluate the determinants and the stability of the money demand function. This paper briefly reviews the theoretical work, tracing the contributions of several researchers beginning from the classical economists, and explains relevant empirical issues in modeling and estimating money demand functions. Notably, it summarizes the salient features of a number of recent studies that applied cointegration/error-correction models in the 1990s, and it features a bibliography to aid in research on demand for money.

Download or read book Transactions Demand for Money written by John Bryant and published by . This book was released on 1978 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Demand for Money written by Apostolos Serletis and published by Springer Science & Business Media. This book was released on 2013-11-21 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost half a century has elapsed since the demand for money began to attract widespread attention from economists and econometricians, and it has been a topic of ongoing controversy and research ever since. Interest in the topic stemmed from three principal sources. First of all, there was the matter of the internal dynamics of macroeco nomics, to which Harry Johnson drew attention in his 1971 Ely Lecture on "The Keynesian Revolution and the Monetarist Counter-Revolution," American Economic Review 61 (May 1971). The main lesson about money that had been drawn from the so-called "Keynesian Revolution" was - rightly or wrongly - that it didn't matter all that much. The inherited wisdom that undergraduates absorbed in the 1950s was that macroeconomics was above all about the determination of income and employment, that the critical factors here were saving and investment decisions, and that monetary factors, to the extent that they mattered at all, only had an influence on these all important variables through a rather narrow range of market interest rates. Conventional wisdom never goes unchallenged in economics, except where its creators manage to control access to graduate schools and the journals, and it is with no cynical intent that I confirm Johnson's suggestion that those of us who embarked on academic careers in the '60s found in this wisdom a ready-made target.

Download or read book A Remark on the Transactions Demand for Money written by Saschba Telphlluch and published by . This book was released on 1970 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Transactions Demand for Money and Demands for Money Due to Transaction Costs written by Coulombe, Serge and published by Department of Economics, University of Ottawa = Dép. de science économique, Université d'Ottawa. This book was released on 1984 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Money Supply Money Demand and Macroeconomic Models written by John T. Boorman and published by Harlan Davidson. This book was released on 1972 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Short Note on Economics of Scale in Transactions Demand for Money written by Ricardo D. Ferrer and published by . This book was released on 1979 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Transactions demand for money and the quantity theory written by Syed Ahmad and published by . This book was released on 1977 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Demand for Money written by Apostolos Serletis and published by Springer Science & Business Media. This book was released on 2007-06-08 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the most comprehensive textbook available on the money demand function and its role in modern macroeconomics. The book takes a microeconomic- and aggregation-theoretic approach to the topic and presents empirical evidence using state-of-the-art econometric methodology, while recognizing the existence of unsolved problems and the need for further developments. The new edition is fully revised and includes new chapters.

Download or read book The Demand for Money written by David E. W. Laidler and published by HarperCollins Publishers. This book was released on 1985 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Interest Sensitivity of the Transactions Demand for Money written by Peter Fortune and published by . This book was released on 1972 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Theorem Regarding Elasticities of the Transactions Demand for Money written by Ross D. Milbourne and published by Kingston, Ont. : Institute for Economic Research, Queen's University. This book was released on 1987 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Transactions Demand For Money and the Quantity Theory written by Syed Ahmad and published by . This book was released on 1975 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Household Transactions Demand for Money written by James Byron Fry and published by . This book was released on 1983 with total page 726 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Demand for Money written by Lars Jonung and published by Routledge. This book was released on 2018-02-06 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The income velocity of money-an inverse measure of the demand for money balances-is the ratio of the money value of income to the average money stock that the public (excluding banks) holds in a given period. Why the magnitude of that ratio has changed over time is the subject of Michael D. Bordo and Lars Jonung's classic study, originally published as The Long-Run Behavior of the Velocity of Circulation. Supported by statistical data, econometric estimation techniques, and meticulous historical analysis, this work describes, in an international setting, how slow-moving economic, social, and political forces interact with the decisions households and firms make about how much money to hold. Annual time series of velocity for several countries from the late nineteenth century to the late twentieth century display a U-shaped pattern. Existing theories can explain each section of the velocity curve-the falling, flat, and rising parts-but the overall pattern is not consistent with any one theory. Here the authors put forth a comprehensive explanation for this behavior over time. Their theory is largely an extension of the approach of Knut Wicksell, the Swedish economist who stressed the role of substitution between monetary assets. This approach, which emphasizes institutional variables, is incorporated into the arguments for the traditional long-run money demand (velocity) function. Four types of empirical evidence strongly support the authors' theory: econometric studies of the long-run velocity function for several countries; a cross section study of approximately eighty countries in the postwar period; a case study of the Swedish monetization process in the fifty years before World War I; and an examination of the time series properties of velocity. Demand for Money suggests that institutional factors, as opposed to real income, play a greater role in velocity than previously thought. And these institutional factors have a major impact on monetary policy. This is a book that will prove of great value to economists, monetary strategists, and policymakers.