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Monetary Theory and Monetary History [PDF]
This volume is a delight to the economist. The book is clearly destined to be a classic, perhaps one of the few emerging in that role rather than growing into it. The reader cannot fail to be impressed by the size of the task to which the authors committed themselves, by the authors' ability to treat the broad sweep of a century of monetary history ...
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An Economic Theory of Monetary Reform
Journal of Political Economy, 1980Agents' beliefs in the imminent reform of a particular money supply process can have a powerful effect on their predictions of such variables as the rate of inflation. To find a criterion for monetary reform, we argue that any money supply process which does not provide a finite solution for price in a Cagan-type hyperinflationary money market will be ...
Flood, Robert P, Garber, Peter M
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2004
Alan Rabin argues that new Keynesian and new classical macroeconomics, which have dominated the literature and textbooks, have crowded the monetary-disequilibrium hypothesis, or orthodox monetarism, off the intellectual stage. Trying to remedy this imbalance, the author concentrates on what he judges to be the essentials of monetary theory.
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Alan Rabin argues that new Keynesian and new classical macroeconomics, which have dominated the literature and textbooks, have crowded the monetary-disequilibrium hypothesis, or orthodox monetarism, off the intellectual stage. Trying to remedy this imbalance, the author concentrates on what he judges to be the essentials of monetary theory.
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Monetary Theory and Monetary Policy in the 1970's
Journal of Money, Credit and Banking, 1972A. B. Cramp +3 more
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Historical stylizations and monetary theory
2009John Hicks maintained that ‘a large part of the best work on Money is topical. It has been prompted by particular episodes, by particular experiences of the writer's own time’ (Hicks, 1967a: 156). The reason for this is that the principal goal of monetary theory is not ‘general understanding’ (that is, the discovery of principles uniformly applicable ...
Quadrio Curzio A., SCAZZIERI, ROBERTO
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Monetary Theory as a Basis for Monetary Policy
2001The International Economic Association Acknowledgements Notes on the Contributors List of Abbreviations and Acronyms Introduction A.Leijonhufvud Monetary Theory and Central Banking A.Leijonhufvud Comment J.Melitz PART I: INTERTEMPORAL EQUILIBRIUM Intertemporal General Equilibrium Theory and Monetary Policy J.Dreze & H.Polemarchakis Comment J.M ...
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Marx’s Theory of Money: A Reappraisal in the Light of Unconventional Monetary Policy
Review of Radical Political Economics, 2020Maria Ivanova
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