The Demand for Money: Theories, Evidence, and ProblemsHarper & Row, 1985 - 178 síður |
From inside the book
Niðurstöður 1 - 3 af 38
Síða 35
... increase in the present value of future tax liabilities and some economists , for example Barro ( 1974 ) , have ... increase in the real value of government debt outstanding represents some increase in the community's wealth , although ...
... increase in the present value of future tax liabilities and some economists , for example Barro ( 1974 ) , have ... increase in the real value of government debt outstanding represents some increase in the community's wealth , although ...
Síða 68
... increases , the marginal savings from holding any given level of precautionary balances will increase in proportion to the change in question , hence the demand - for - money function will shift upward as the bro- kerage fee increases ...
... increases , the marginal savings from holding any given level of precautionary balances will increase in proportion to the change in question , hence the demand - for - money function will shift upward as the bro- kerage fee increases ...
Síða 69
... increase in income and expendi- ture . At very high interest rates , above a in Figure 6.3 ( c ) , the demand for money will actually fall as income and expenditure increase . This rather odd result - for which , it should be added at ...
... increase in income and expendi- ture . At very high interest rates , above a in Figure 6.3 ( c ) , the demand for money will actually fall as income and expenditure increase . This rather odd result - for which , it should be added at ...
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