Results 301 to 310 of about 1,530,431 (341)
, 2000 The paper identifies a number of misconceptions about the monetary policy process and the monetary transmission mechanism in the UK. Among the misconceptions about the process are the alleged lack of regional and sectoral representativeness of the Monetary Policy Committee and the view that operational central bank independence means that monetary and ...
Buiter, Willem H.
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Monetary Policy and Monetary Reform: Irving Fisher's Contributions to Monetary Macroeconomics [PDF]
, 1999 --
Loef, Hans E., Monissen, Hans G.
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SSRN Electronic Journal, 2006 This brief essay is a working draft of an article in preparation for the forthcoming International Encyclopedia of the Social Sciences, 2nd ed., examining the role of the monetary base in monetary economics and monetary policymaking. Comments are welcome.
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Macroeconomic Dynamics, 2017 We test the long-run neutrality of money proposition for the United States paying attention to the integration and cointegration properties of the variables. We use quarterly data (over the period from 1967:1 to 2014:1) and the new Center for Financial Stability Divisia monetary aggregates.
Apostolos Serletis, Zisimos Koustas
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, 2008 This entry on monetary aggregation will appear under that title in The New Palgrave Dictionary of Economics, 2nd edition, edited by Steven Durlauf and Lawrence Blume. The entry provides an up-to-date overview of state-of-the-art research on monetary aggregation and index number theory, from its origins in 1980 to the current time.
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MONETARY BANDS AND MONETARY NEUTRALITY
International Economic Journal, 2002This paper attempts to provide an explanation of the short-run monetary non-neutrality in an economy where agents have full current information and no nominal prices are set in advance. This non-neutrality arises due to the government's setting of nominal target bands.
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History of Political Economy, 2006 The first part of the paper surveys the discussion of monetary equilibrium by Wicksell, Lindahl, Myrdal, Ohlin and Palander. In the second part a number of analytical aspects of monetary equilibrium are discussed: The formulation of the first equilibrium condition in terms of prices instead of in terms of quantities; The interpretation of the second ...
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Journal of the Staple Inn Actuarial Society, 1953
The proper functioning of a present-day economic system is dependent upon money and prices. This is particularly the case when a large part of the economy is based on private enterprise.For many years economic text-books have stated the three functions of money to be (1) a means of payment, (2) a store of value and (3) a unit of account.
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The proper functioning of a present-day economic system is dependent upon money and prices. This is particularly the case when a large part of the economy is based on private enterprise.For many years economic text-books have stated the three functions of money to be (1) a means of payment, (2) a store of value and (3) a unit of account.
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Monetary Aggregates and Monetary Policy
2002Recently, there has been renewed interest in the identification of monetary policy disturbances. This involves a search for a variable (or combination of variables) to appropriately measure the stance — the looseness or tightness — of monetary policy. Over the years many variables have been used for this purpose.
Panos Afxentiou, Apostolos Serletis
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