Classical Monetary theory

Ebook "The demand for money: Theoretical and empirical approaches" 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.

384p loivantrinh 29-10-2023 7 3   Download

Lecture Money, Banking & Finance - Lecture 2: The Microfoundations of Money - Part 1. The following will be discussed in this chapter: The foundations of Classical Monetary theory and the Classical dichotomy, The invalidity of the Classical dichotomy, neo-Classical monetary theory - the Real Balance Effect, Evaluation of RBE, The CIA model, macro implications.

20p runordie1 10-05-2022 21 2   Download

After completing this chapter, students will be able to: See why inflation results from rapid growth in the money supply, learn the meaning of the classical dichotomy and monetary neutrality, see why some countries print so much money that they experience hyperinflation, examine how the nominal interest rate responds to the inflation rate, consider the various costs that inflation imposes on society.

39p tradaviahe15 23-02-2021 21 1   Download

Chapter 32 - Inflation. In this chapter you will learn: How to explain the neutrality of money? What the classical theory of inflation is? What relationship exists between the quantity theory of money and inflation (and deflation)?...

11p koxih_kothogmih6 22-09-2020 17 1   Download

Chapter 22 - The classical foundations. In this chapter you will learn to define Say's law and the classical understanding of aggregate supply, understand the supply of saving and demand for investment that leads to the equilibrium interest rate, explain the quantity theory of money and its implication for the aggregate demand curve, differentiate between the nominal and real rate of interest.

17p nomoney9 04-04-2017 45 2   Download

After completing this chapter, students will be able to: See why inflation results from rapid growth in the money supply, learn the meaning of the classical dichotomy and monetary neutrality, see why some countries print so much money that they experience hyperinflation, examine how the nominal interest rate responds to the inflation rate, consider the various costs that inflation imposes on society.

45p youcanletgo_04 17-01-2016 69 4   Download

Macroeconomic Principles (3-4 semester credits) Students address classical models of macroeconomic thought in assessing the economy as a whole and the critical factors impacting economic problems. Topics evaluate the works of economists such as John Maynard Keynes and others and investigate how overall levels of employment, production and growth are determined in an economy and of how interactions among nations influence activity worldwide.

15p nhacchovina 25-02-2013 46 2   Download

This is the fourth edition of Professor Lindauer's early ground-breaking Macroeconomics series. It holds reader interest because it constantly relates the concepts of modern macroeconomics to today's "Great Recession" and the policies and conditions that brought it about and are needed to end it. In so doing it explains why not all Keynesian and neo-classical theory and monetary and fiscal policies are applicable to the unique structure and institutions of the United States and how the current recession can be quickly ended -...

241p trinhosieupham 25-02-2013 57 7   Download

Part VI Classical monetary economics and search Chapter 24 Fiscal-Monetary Theories of Inflation 24.1. The issues This chapter introduces some issues in monetary theory that mostly revolve around coordinating monetary and fiscal policies. We start from the observation that complete markets models have no role for inconvertible currency

46p summerflora 28-10-2010 78 7   Download