The Demand for Money: Theories, Evidence, and ProblemsHarper & Row, 1985 - 178 síður |
From inside the book
Niðurstöður 1 - 3 af 57
Síða 114
... chapter ( and to others that space has not permitted us to discuss ) . When a particular result on the nature of the demand - for - money function comes through in a number of studies , conducted by different tech- niques , on different ...
... chapter ( and to others that space has not permitted us to discuss ) . When a particular result on the nature of the demand - for - money function comes through in a number of studies , conducted by different tech- niques , on different ...
Síða 151
... Chapter 9. It remains now briefly to assess the significance of this evidence both for the theories of the demand for money discussed in Part II of this book and for the macroeconomic framework described in Part I. These matters are the ...
... Chapter 9. It remains now briefly to assess the significance of this evidence both for the theories of the demand for money discussed in Part II of this book and for the macroeconomic framework described in Part I. These matters are the ...
Síða 152
... chapter is that our knowledge of how the real world works , though by no means nonexistent , is fragile . That being said , we have learned some important lessons from empirical work and the next two sections of this chapter will be ...
... chapter is that our knowledge of how the real world works , though by no means nonexistent , is fragile . That being said , we have learned some important lessons from empirical work and the next two sections of this chapter will be ...
Efni
The Role of the Demand Function | 3 |
Shifts of the LM and IS Curves | 13 |
Price Flexibility in the Macromodel | 22 |
Höfundarréttur | |
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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