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The Demand for Money
Author: Apostolos Serletis
Publisher: Springer Science & Business Media
Published: 2013-11-21
Total Pages: 305
ISBN-13: 1475733208
DOWNLOAD EBOOK →Almost half a century has elapsed since the demand for money began to attract widespread attention from economists and econometricians, and it has been a topic of ongoing controversy and research ever since. Interest in the topic stemmed from three principal sources. First of all, there was the matter of the internal dynamics of macroeco nomics, to which Harry Johnson drew attention in his 1971 Ely Lecture on "The Keynesian Revolution and the Monetarist Counter-Revolution," American Economic Review 61 (May 1971). The main lesson about money that had been drawn from the so-called "Keynesian Revolution" was - rightly or wrongly - that it didn't matter all that much. The inherited wisdom that undergraduates absorbed in the 1950s was that macroeconomics was above all about the determination of income and employment, that the critical factors here were saving and investment decisions, and that monetary factors, to the extent that they mattered at all, only had an influence on these all important variables through a rather narrow range of market interest rates. Conventional wisdom never goes unchallenged in economics, except where its creators manage to control access to graduate schools and the journals, and it is with no cynical intent that I confirm Johnson's suggestion that those of us who embarked on academic careers in the '60s found in this wisdom a ready-made target.
The Demand for Money
Author: William Johnson Frazer
Publisher:
Published: 1967
Total Pages: 392
ISBN-13:
DOWNLOAD EBOOK →The Demand for Money
Author: Milton 1912- Friedman
Publisher: Hassell Street Press
Published: 2021-09-09
Total Pages: 40
ISBN-13: 9781013894848
DOWNLOAD EBOOK →This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Survey of Literature on Demand for Money
Author: Mr.Subramanian S. Sriram
Publisher: International Monetary Fund
Published: 1999-05-01
Total Pages: 78
ISBN-13: 1451848544
DOWNLOAD EBOOK →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.
The Demand for Money
Author: David E. W. Laidler
Publisher: Fire Engineering Books & Videos
Published: 1977
Total Pages: 196
ISBN-13:
DOWNLOAD EBOOK →The General Theory of Employment, Interest, and Money
Author: John Maynard Keynes
Publisher: Springer
Published: 2018-07-20
Total Pages: 404
ISBN-13: 3319703447
DOWNLOAD EBOOK →This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Portfolio Theory and the Demand for Money
Author: Neil Thompson
Publisher: Springer
Published: 2016-07-27
Total Pages: 223
ISBN-13: 1349228273
DOWNLOAD EBOOK →The book is an in-depth review of the theory and empirics of the demand for money and other financial assets. The different theoretical approaches to the portfolio choice problem are described, together with an up-to-date survey of the results obtained from empirical studies of asset choice behaviour. Both single-equation studies and the more complete multi-asset portfolio models, are analysed.
Money Supply, Money Demand, and Macroeconomic Models
Author: John T. Boorman
Publisher: Harlan Davidson
Published: 1972
Total Pages: 540
ISBN-13:
DOWNLOAD EBOOK →The Demand for Money
Author: David E. W. Laidler
Publisher: Addison Wesley
Published: 1993
Total Pages: 0
ISBN-13: 9780065010985
DOWNLOAD EBOOK →The Demand for Money documents the residual effects of monetarism, which now form a part of the economic mainstream. David Laidler conducts an eye-opening investigation of the importance of the demand for money, particularly in light of interest rates and income levels. He has also honed his treatment of the fixed-price IS-LM model, presenting it as a prelude to developing the demand side of an aggregate demand and supply framework, and expanded the discussions of data and econometrics. This text encourages students to question the debt of our knowledge about the monetary sector, encouraging further excursions in search of first-hand experience.
