The Demand for Money: Theories, Evidence, and ProblemsHarper & Row, 1985 - 178 síður |
From inside the book
Niðurstöður 1 - 3 af 62
Síða 86
... important role in empirical tests of transactions - based theories of the demand for money . It is also important because it is one of the principal arguments in the demand - for- money function utilized in the macroeconomic model ...
... important role in empirical tests of transactions - based theories of the demand for money . It is also important because it is one of the principal arguments in the demand - for- money function utilized in the macroeconomic model ...
Síða 119
... important in the demand - for - money function . In any event , inflation has had a marked effect on nominal interest rates in the last 15 years or so , and evidence about the importance of these variables in the function provides ...
... important in the demand - for - money function . In any event , inflation has had a marked effect on nominal interest rates in the last 15 years or so , and evidence about the importance of these variables in the function provides ...
Síða 152
... important lessons from empirical work and the next two sections of this chapter will be devoted to setting out what seem to be the most important of them . It will be convenient to begin with questions about the nature of the demand ...
... important lessons from empirical work and the next two sections of this chapter will be devoted to setting out what seem to be the most important of them . It will be convenient to begin with questions about the nature of the demand ...
Efni
The Demand for Money in a Fixed Price Level | 8 |
Price Flexibility in the Macromodel | 22 |
A Brief Overview | 39 |
Höfundarréttur | |
10 aðrir hlutar ekki sýndir
Aðrar útgáfur - View all
Common terms and phrases
adjustment aggregate demand analysis approach argued assets assumption behavior brokerage fee cash chapter consumption consumption function cost of holding definition of money demand curve demand deposits demand for money demand function demand-for demand-for-money function discussed economists effect empirical equal Equation evidence exogenous expected inflation factors Figure Friedman given holding money hypothesis implications important increase individual agent inflation rate interest rate involved lagged Laidler level of income level of real liquidity trap LM curve long-run M₁ macroeconomic matter measured money demanded money function money holding money supply nominal money nonhuman wealth opportunity cost output P₁ period permanent income precautionary balances precautionary demand price level problem proportion quantity of money rate of interest rate of return real income relationship relevant scale variable shift short-run speculative demand studies supply and demand theory tion transactions and precautionary transactions demand volume of transactions wealth effect Y₁ yield