The Demand for Money: Theories, Evidence, and ProblemsHarper & Row, 1985 - 178 síður |
From inside the book
Niðurstöður 1 - 3 af 73
Síða 3
... ANALYSIS We study the demand for any item mainly so that we may make predictions about the consequences of changes in its supply . This statement is as true of money as it is of anything else , although in the case of money , it is all ...
... ANALYSIS We study the demand for any item mainly so that we may make predictions about the consequences of changes in its supply . This statement is as true of money as it is of anything else , although in the case of money , it is all ...
Síða 22
... analysis of the inter- action of the supply and demand for money , but there can be no guarantee that in simplifying our analysis we have not also rendered it misleading . The only way to assuage our doubts about this issue is to relax ...
... analysis of the inter- action of the supply and demand for money , but there can be no guarantee that in simplifying our analysis we have not also rendered it misleading . The only way to assuage our doubts about this issue is to relax ...
Síða 54
... analysis of the speculative demand for money rests on the proposition that at any moment there is a value , or range of values , of the rate of interest that people regard as normal . Nothing in the analysis suggests that this normal ...
... analysis of the speculative demand for money rests on the proposition that at any moment there is a value , or range of values , of the rate of interest that people regard as normal . Nothing in the analysis suggests that this normal ...
Efni
The Role of the Demand Function | 3 |
Shifts of the LM and IS Curves | 13 |
Price Flexibility in the Macromodel | 22 |
Höfundarréttur | |
13 aðrir hlutar ekki sýndir
Aðrar útgáfur - View all
Common terms and phrases
adjustment aggregate demand analysis approach argued assets banks behavior brokerage fee cash chapter consumption function cost of holding definition of money demand curve demand deposits demand for money demand function demand-for demand-for-money function discussed econometric economists effect elasticity of demand empirical Equation evidence exogenous expected inflation rate expenditure factors Figure Friedman holding money hypothesis important increase interest elasticity interest rate Laidler level of income level of real liquidity trap LM curve long-run M₁ macroeconomic matter money demanded money function money holding money supply nominal money nonhuman wealth opportunity cost P₁ parameters particular period permanent income precautionary demand predictions price level problem quantity of money rate of interest rate of return rational expectations real balances real income regression relationship relevant role scale variable shift short-run speculative demand studies supply and demand theory tion transactions and precautionary transactions demand United variations volume of transactions Y₁ yield