The Demand for Money: Theories, Evidence, and ProblemsHarper & Row, 1985 - 178 síður |
From inside the book
Niðurstöður 1 - 3 af 49
Síða 31
... matters any further would take us deeply into the subject matter of contemporary macroeconomic debates . Some of the issues involved in those debates will turn up later in this book , but there is simply not space here to treat them in ...
... matters any further would take us deeply into the subject matter of contemporary macroeconomic debates . Some of the issues involved in those debates will turn up later in this book , but there is simply not space here to treat them in ...
Síða 105
... matter this is without actual experiments . Thus , there are excellent reasons why , despite the extra problems it generates , students of the demand for money have carried out much of their work using quarterly data . ADJUSTMENT COSTS ...
... matter this is without actual experiments . Thus , there are excellent reasons why , despite the extra problems it generates , students of the demand for money have carried out much of their work using quarterly data . ADJUSTMENT COSTS ...
Síða 160
... matter of coincidence . As was argued in Part I of this book , we want to know about the demand function for money in the first place so that we may make predictions about the effects of changes in the money supply on variables , such ...
... matter of coincidence . As was argued in Part I of this book , we want to know about the demand function for money in the first place so that we may make predictions about the effects of changes in the money supply on variables , such ...
Efni
The Demand for Money in a Fixed Price Level | 8 |
Price Flexibility in the Macromodel | 22 |
A Brief Overview | 39 |
Höfundarréttur | |
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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