Download or read book Towards an Aggregate Demand for Money Model Under Uncertainty written by Zulkifly bin Osman and published by . This book was released on 1985 with total page 284 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 The American Economic Review written by and published by . This book was released on 2000 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.
Download or read book A Simple Model of Money Credit and Aggregate Demand written by Spencer Dale and published by . This book was released on 1993 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dynamics of the Demand for Money and Uncertainty written by Erkki Koskela and published by . This book was released on 1988 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Doctoral Dissertations written by and published by . This book was released on 1989 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2003 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Simple Model of Money Credit and Aggregate Demand written by Spencer Dale and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper presents a theoretical model of how banks and the non-bank private sector respond to changes in monetary policy. Unlike many textbook models in which banks play no active role, the banking sector is recognised here as playing a key part in transmitting changes in monetary policy to the real economy.In a conventional IS/LM model the impact of a change in monetary policy arises from the response of expenditure to changes in interest rates (the quot;monetaryquot; channel). If, however, bank and non-bank sources of credit are not perfect substitutes (for example because some borrowers have only limited access to capital markets) then changes in monetary policy could also have an effect through their impact on the availability or the relative price of bank credit (a quot;creditquot; channel). The paper sets out the conditions under which this credit channel reinforces or weakens the impact of changes in monetary policy on the behaviour of the non-bank private sector.One example of the case where the credit channel could weaken the impact of changes in monetary policy would be where banks do not pass on changes in official interest rates fully or immediately to some of their customers. In this context the paper acknowledges the results of the two Bank studies of bank lending to small businesses.
Download or read book The Money Demand Function in the US written by Woon Gyu Choi and published by . This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comprehensive Dissertation Index written by and published by . This book was released on 1989 with total page 978 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Finance Development September 2014 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2014-08-25 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.
Download or read book Money Information and Uncertainty written by Charles Goodhart CBE and published by Bloomsbury Publishing. This book was released on 1989-09-01 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a completely revised edition of the well-known monetary textbook. The book discusses the latest analytical developments in monetary economic theory in a comprehensible and practical policy- orientated form for graduates and undergraduates specialising in monetary economics. The book provides a comprehensive survey of monetary economics, with the first nine chapters primarily concerned with micro issues, such as the role of, and demand for, money, the role and functions of banks and of the Central Bank; and the final nine chapters covering macro-economic issues, such as the transmission mechanism of monetary policy and international monetary problems.
Download or read book Inventory theoretic Model of Money Demand Multiple Goods and Price Dynamics written by Hirokazu Ishise and published by . This book was released on 2008 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the theoretical prediction based on sticky-price models, it is empirically suggested that the tie between the frequencies of price adjustment across goods and the relative price responses of goods (price index of specific goods over non-durable aggregate price index) to a monetary policy change is limited. We offer an alternative view of the price dynamics of goods. We develop a multi-sector extension of an inventory-theoretic model of money demand (segmented market model). In our model, the diversity in the characteristics of goods, that is, durability, luxuriousness and cash intensity (the portion of the payment that is paid by cash in the purchase of goods), yields the dispersion of relative prices responses to a monetary policy shock, across goods. The model implies that the relative prices of durables, luxuries and less cash-intensive goods tend to decline in a monetary contraction. We test the empirical plausibility of our model, using two approaches: a measure of monetary policy shock developed by Romer and Romer (2004), and a factor-augmented VAR used in Bernanke et al. (2005). In both econometric methodologies, we find that the data are consistent with our model, in terms of durability and luxuriousness.--Author's description.
Download or read book The Demand for Money Under Uncertainty and the Role of Monetary Policy written by Carl E. Walsh and published by . This book was released on 1982 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Demand for Money Under Uncertainty written by Carol Murdoch Austin Taylor and published by . This book was released on 1974 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Empirical Investigation of the Effects of Aggregate Uncertainty on Money Demand and Investment written by C. Emre Alper and published by . This book was released on 1995 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Direct Effects of Base Money on Aggregate Demand written by Edward Nelson and published by . This book was released on 2001 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
