Results 241 to 250 of about 956,794 (300)

Money and Endogenous Growth

Journal of Money, Credit and Banking, 1994
The Ramsey-Romer model of endogenous growth is extended to allow for holdings of real money balances and government debt as well as capital and for non-interconnected generations of households. Tax-financed increases in government consumption and debt depress growth prospects and boost inflation, as long as a positive birth rate ensures that future ...
van der Ploeg, Frederick   +1 more
openaire   +1 more source

Endogenous money

2023
Trabajo presentado en los Webinars UCB Economia e Políticas Públicas (Universidade Católica de Brasília), celebrados en Brasil, el 7 de octubre de ...
openaire   +3 more sources

Monetary Policy with Endogenous Money and Liquidity Preference: A Nondualistic Treatment

open access: yesJournal of Post Keynesian Economics, 2002
This paper builds on a synthesis of endogenous money and liquidity preference theory to address the mechanisms by which monetary policy takes effect. We focus on the United Kingdom, under a range of institutional arrangements.
Sheila Dow, Victoria Chick
exaly   +1 more source

The endogeneity of credit money

Review of Political Economy, 1989
Money is the asset generally accepted as the means of payment and medium of exchange. Money also serves as a store of value and as the unit of account in which prices are expressed. The particular assets that are bestowed with general acceptability in exchange have evolved markedly over time, and are still evolving.1 For conceptual clarity it is ...
openaire   +1 more source

Endogenous Asymmetric Money Illusion

SSRN Electronic Journal, 2018
Abstract We show that when investors suffer from endogenous asymmetric money illusion, the usual proportionality between money supply and nominal prices commonly present in frictionless economies is eliminated. This drives changes in the money supply to cause real price fluctuations.
Diogo Duarte, Yuri F. Saporito
openaire   +1 more source

Velocity of Money, Endogenous Money and Rate of Interest

Indian Economic Journal, 2018
As an alternative to conceptualisation of endogenous money in Taylor’s rule of interest management, the present article considers Keynes’s general theoretic endogenous money supply, which is in response to demand for money generated in income determination process (and the induced growth processes). That money is important, as a real factor production,
Satya Prasad Padhi
exaly   +2 more sources

endogenous and exogenous money

1987
The issue of endogeneity or exogeneity of money is one that runs through the history of monetary theory, with prominent authors appearing to hold views on either side. Narrowly put, those who plug for the exogeneity view take one or all among the cluster of variables — price level, interest rate or real output — as being determined by movements in the ...
openaire   +1 more source

The endogenous money supply

1986
One of the enigmas of our time is why the quantity theory of money, in one form of another, has survived as long as it has. Nicholas Kaldor regards its current “monetarist” guise as a “terrible curse” and “a visitation of evil spirits” which has caused misery and agony in the form of mass unemployment in the major countries of the West.
openaire   +1 more source

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