Partial Adjustment Inflation And The Demand For Money
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Partial Adjustment Inflation And The Demand For Money
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Author : Tzyy-Hwa Athena Wang
language : en
Publisher:
Release Date : 1984
Partial Adjustment Inflation And The Demand For Money written by Tzyy-Hwa Athena Wang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Demand for money categories.
Survey Of Literature On Demand For Money
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Author : Mr.Subramanian S. Sriram
language : en
Publisher: International Monetary Fund
Release Date : 1999-05-01
Survey Of Literature On Demand For Money written by Mr.Subramanian S. Sriram and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-05-01 with Business & Economics categories.
A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been conducted in both industrial and developing countries to evaluate the determinants and the stability of the money demand function. This paper briefly reviews the theoretical work, tracing the contributions of several researchers beginning from the classical economists, and explains relevant empirical issues in modeling and estimating money demand functions. Notably, it summarizes the salient features of a number of recent studies that applied cointegration/error-correction models in the 1990s, and it features a bibliography to aid in research on demand for money.
Inflation And The Theory Of Money
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Author : Robert James Ball
language : en
Publisher: Transaction Publishers
Release Date :
Inflation And The Theory Of Money written by Robert James Ball and has been published by Transaction Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on with Inflation (Finance) categories.
"Martin Bronfenbrenner in the Journal of Finance had this to say when the book was first released "A thoughtful, scholarly, and systematic treatise on the economics of inflation. If this reviewer were asked to hang a course on inflation theory upon one single text, it would almost certainly be this one."The principal concern of this book is to set out the elements that enter into problems of analyzing inflation. This detailed, readable review of contemporary theory on the problems of inflation fills an important gap in the literature on macro-economics that: 1) assesses the implications of inflationary processes for economic policy; 2) synthesizes a general framework within which to illustrate inflationary processes; 3) reconciles the approaches of "demand inflation" and "cost inflation"; and 4) analyzes the determination and behavior of the general price level in an exchange economy. The first part of the book reviews neo-classical and "Keynesian" type models of the closed macro-economy, analyzes determination of the general price level, and introduces a restatement of conventional employment theory with emphasis on the general price level. The second part considers the problems of price and wage determinations and the demand for money in more detail, synthesizing the analyses into a model of the macro-economy and discussing the implications of this model and the preceding analysis for economic policy. Describing alternative approaches to the theory of inflation, each of which has resulted in partial theories, the book avoids fragmentary explanations by setting the entire discussion in the context of a macro-economic general equilibrium framework."--Provided by publisher.
Partial Adjustment In The Demand For Money
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Author : Anthony M. Santomero
language : en
Publisher:
Release Date : 1979
Partial Adjustment In The Demand For Money written by Anthony M. Santomero and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Equilibrium (Economics) categories.
The Role Of Partial Adjustment In The Demand For Money
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Author : Anthony M. Santomero
language : en
Publisher:
Release Date : 1978
The Role Of Partial Adjustment In The Demand For Money written by Anthony M. Santomero and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Equilibrium (Economics) categories.
Dynamics Of The Demand For Money And Uncertainty
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Author : Erkki Koskela
language : en
Publisher:
Release Date : 1988
Dynamics Of The Demand For Money And Uncertainty written by Erkki Koskela and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.
Inflation Nominal Interest Rates And The Variability Of Output
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Author : Mr.Bankim Chadha
language : en
Publisher: International Monetary Fund
Release Date : 1996-10-01
Inflation Nominal Interest Rates And The Variability Of Output written by Mr.Bankim Chadha and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-10-01 with Business & Economics categories.
This paper examines the distribution of output around capacity when money demand is a nonlinear function of the nominal interest rate such that nominal interest rates cannot become negative. When fluctuations in output result primarily from disturbances to the money market, the variance of output is shown to be an increasing function of the trend inflation rate. When they result from disturbances to the goods market, the variance of output is a decreasing function of the trend inflation rate. When both disturbances are significant, there exists, in general, a critical non-zero trend inflation rate that minimizes the variance of output.
What Have We Learned About Estimating The Demand For Money A Multicountry Evaluation Of Some New Approaches
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Author : Mr.James M. Boughton
language : en
Publisher: International Monetary Fund
Release Date : 1991-02
What Have We Learned About Estimating The Demand For Money A Multicountry Evaluation Of Some New Approaches written by Mr.James M. Boughton and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-02 with Business & Economics categories.
This paper provides estimates of the demand for both narrow and broad monetary aggregates for the five largest industrial countries using two recent approaches: buffer stock and error correction models. The performances of these models are compared with several versions of the conventional partial adjustment model. Tests are performed in order to evaluate the parameter stability, post-sample predictive ability, encompassing properties, and economic implications of the models. The results are encouraging with respect to the newer models, as they significantly outperform the traditional approach. It is found that the error correction model is especially promising as a general approach.
A Partial Adjustment Approach To The Balance Of Payments In Korea
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Author : In-chʻŏl Kim
language : en
Publisher:
Release Date : 1981
A Partial Adjustment Approach To The Balance Of Payments In Korea written by In-chʻŏl Kim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Balance of payments categories.
The Stability Of Money Demand Functions
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Author : Palle Schelde Andersen
language : en
Publisher:
Release Date : 1985
The Stability Of Money Demand Functions written by Palle Schelde Andersen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Demand for money categories.