Evidence of Bank Lending Channel in Malaysia
The aim of this paper is to analyse the role of banks in the transmission of monetary policy and business cycle. This paper attempts to look into the assets side as a monetary policy channel to influence economic activities.
Fathin Faizah Said, Abdul Ghafar Ismail
doaj
MONEY AND ITS ECONOMIC AND SOCIAL FUNCTIONS [PDF]
This essay tries to put Simmel’s Theory of Money into the context of current discussions in economics concerning money. The essay has three parts. Part I looks at the contribution of Georg Simmel in its context, and offers remarks about the changing ...
Backhaus,J.G.
core +1 more source
Social welfare effects of a common currency [PDF]
Monetary Policy;Ecu;EMS;Social Welfare;431;024;311;432;134;monetary ...
Aarle, B. van
core +1 more source
Notes on the Microfoundations of Monetary Economics
It is important to keep two closely related distinctions in mind when discussing the microeconomics of money: that between the social arrangement known as monetary exchange, and those assets known as money; and that between what Patinkin (1957) called the market experiment and individual experiment.(This abstract was borrowed from another version of ...
openaire +4 more sources
In my PhD thesis, I extend the basic New Keynesian (NK) model (Galí (2015), Woodford (2003)) on three distinct dimensions. (i) In the first chapter, I introduce endogenous money creation by private banks (``inside-money''). (ii) In the second chapter, I allow for a share of firms which face financial constraints, and I study how firm heterogeneity in ...
openaire +3 more sources
Why Are Complementary Currency Systems Difficult to Grasp within Conventional Economics?
Complementary currency system (CCS) complements the official currency, with a view to accounting for and regulating exchanges of goods and services in a local space.
Marie Fare, Pepita Ould Ahmed
doaj +1 more source
A economia monetária e regional da alta inflação: um estudo sobre o acesso à moeda indexada no Sul, Sudeste e Nordeste
Monetary and regional economics in a high inflationary regime: a study of access to indexed assets in the Southern, Southeastern, and Northeastern Regions [PDF]
The purpose of this article is to show that access to indexed assets during the high inflation regime (1990-1993) was not evenly distributed among different states in Brazil.
João Sicsú
doaj
Monetary Policy and Wealth Inequalities in Great Britain: Assessing the role of unconventional policies for a decade of household data [PDF]
This paper explores whether unconventional monetary policy operations have redistributive effects on household wealth. Drawing on household balance sheet data from the Wealth and Asset Survey, we construct monthly time series indicators on the distribution of different asset types held by British households for the period that the monetary policy ...
arxiv
Currency substitution and currency controls: The Polish experience of 1990 [PDF]
Monetary Policy;Social Welfare;431;024;311;Currency Substitution;432;134;monetary ...
Aarle, B. van
core +1 more source
Friedrich August von Hayek (1899-1992)(Second Edition) [PDF]
This paper is the sequel to chapter 30 of the 1999 first edition of The Elgar Companion to Law and Economics (ed. J. Backhaus). A new section has been added entitled 'An application of Hayekian law and economics: the comparative analysis of alternative ...
Ludwig van den Hauwe
core