The Demand for Money: Theories, Evidence, and ProblemsHarper & Row, 1985 - 178 síður |
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Síða x
... macroeconomic theory which I hope is comprehensive enough to enable the reader to relate the book to what he or she has learned in intermediate macroeconomics . Although the IS - LM model is developed , this section now also contains an ...
... macroeconomic theory which I hope is comprehensive enough to enable the reader to relate the book to what he or she has learned in intermediate macroeconomics . Although the IS - LM model is developed , this section now also contains an ...
Síða 8
... Macroeconomic Model THE FIXED - PRICE MODEL It is convenient to build a macroeconomic model in stages , and in this chapter we shall put together a structure that enables us to concentrate on the determi- nants of two of the three ...
... Macroeconomic Model THE FIXED - PRICE MODEL It is convenient to build a macroeconomic model in stages , and in this chapter we shall put together a structure that enables us to concentrate on the determi- nants of two of the three ...
Síða 31
... 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 any detail . This is a book about the demand for money , not a general treatise ...
... 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 any detail . This is a book about the demand for money , not a general treatise ...
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