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Two Papers On The Demand For Money


Two Papers On The Demand For Money
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The Demand For Money


The Demand For Money
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Author : Alan Arthur Walters
language : en
Publisher:
Release Date : 1963

The Demand For Money written by Alan Arthur Walters and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with categories.




Two Papers On The Demand For Money


Two Papers On The Demand For Money
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Author : Alan Arthur Walters
language : en
Publisher:
Release Date : 1963

Two Papers On The Demand For Money written by Alan Arthur Walters and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with categories.




Two Papers On Money Demand


Two Papers On Money Demand
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Author : Edward K. Offenbacher
language : en
Publisher:
Release Date : 1981

Two Papers On Money Demand written by Edward K. Offenbacher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Money categories.




Survey Of Literature On Demand For Money


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.



Money


Money
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Author :
language : en
Publisher:
Release Date : 1987

Money written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Demand for money categories.


This paper, prepared for the New Palgrave, attempts to summarize current mainstream views concerning the theory of money demand. A model is sketched in which a representative household is depicted as seeking to maximize utility over an infinite planting horizon, with each period's consumption and leisure appearing as arguments of the utility function. The household chooses to hold non-interest-bearing money, even in the presence of assets with positive pecuniary yields, because it facilitates transactions and thereby reduces the amount of time and/or energy required in the process of "shopping', i.e., acquiring goods to be consumed. Two distinct types of implied money-demand functions are derived: a "proper" demand function with arguments exogenous to the household and a portfolio balance relationship that is more similar in specification to the type of equation that normally appears in the money-demand literature. One section of the paper briefly reviews the historical evolution of ideas pertaining to money-demand theory, and suggests that major contributors have included Marshall, Hicks, and Sidrawki. A final section considers ongoing controversies concerning the role of uncertainty, the use of overlapping-generation and cash-in-advance approaches, and the interpretation of empirical results apparently suggestive of extremely slow portfolio adjustments.



The Demand For Money


The Demand For Money
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Author : Apostolos Serletis
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-06-08

The Demand For Money written by Apostolos Serletis and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-08 with Business & Economics categories.


This is the most comprehensive textbook available on the money demand function and its role in modern macroeconomics. The book takes a microeconomic- and aggregation-theoretic approach to the topic and presents empirical evidence using state-of-the-art econometric methodology, while recognizing the existence of unsolved problems and the need for further developments. The new edition is fully revised and includes new chapters.



Two Essays In Financial And Monetary Economics


Two Essays In Financial And Monetary Economics
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Author : Sherman J. Ho
language : en
Publisher:
Release Date : 1999

Two Essays In Financial And Monetary Economics written by Sherman J. Ho and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Demand for money categories.




Demand For Money In Six Developing Countries


Demand For Money In Six Developing Countries
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Author : Firdawek Lemma Gemech
language : en
Publisher:
Release Date : 1989

Demand For Money In Six Developing Countries written by Firdawek Lemma Gemech and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Demand for money categories.




Imf Staff Papers


Imf Staff Papers
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1982-01-01

Imf Staff Papers written by International Monetary Fund. Research Dept. 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 1982-01-01 with Business & Economics categories.


This paper deals with the role of inflationary expectations from a theoretical and empirical point of view. Assume that an economy is growing at a steady pace and that the price level is not expected to change. For many individuals, the direct substitution of consumption goods for money becomes far more attractive than the substitution of financial assets for money. The coefficients for the lagged dependent variable are somewhat higher when the equations contain the interest rate than when they do not. The influences on the demand for money in the United States have not been very different from those in other countries, including the developing countries. This conclusion vitiates the rule of thumb, attributed to Modigliani and supported by Dornbusch and Fischer in their macroeconomic textbook, on how to decide whether the nominal interest rate or the expected rate of inflation should be included as determining the demand for money.



Two Essays In Economics


Two Essays In Economics
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Author : John Borden
language : en
Publisher:
Release Date : 1890

Two Essays In Economics written by John Borden and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1890 with Money categories.