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Money and the economy /

This book provides a comprehensive and systematic introduction to the problem of the definition of money and investigates the gains that can be achieved by a rigorous use of microeconomic- and aggregation-theoretic foundations in the construction of monetary aggregates. It provides readers with key...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Serletis, Apostolos
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hackensack, NJ : World Scientific Pub., 2006.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Money and the economy /  |c Apostolos Serletis. 
260 |a Hackensack, NJ :  |b World Scientific Pub.,  |c 2006. 
300 |a 1 online resource (xix, 330 pages) :  |b illustrations 
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337 |a computer  |b c  |2 rdamedia 
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504 |a Includes bibliographical references (pages 299-320) and indexes. 
505 0 |a Cover -- Contents -- Foreword -- Editor's Introduction -- Part 1: The Theory of Monetary Aggregation -- 1 Consumer Theory and the Demand for Money -- 1.1 Introduction -- 1.2 The Definition of Money -- 1.3 The Microeconomic Theory of a Monetary Economy -- 1.4 Econometric Considerations -- 1.5 Empirical Dimensions -- 1.6 Extensions -- 1.7 Conclusions -- Part 2: Money Prices and Income -- 2 Nominal Stylized Facts of U.S. Business Cycles -- 2.1 Introduction -- 2.2 Methodology -- 2.3 Hodrick-Prescott Stylized Facts -- 2.4 Robustness -- 2.5 Conclusion -- 3 The Empirical Relationship Between Money, Prices and Income Revisited -- 3.1 Introduction -- 3.2 The Money-Measurement Theme -- 3.3 Granger-Sims Causality Tests -- 3.4 Statistical Issues -- 3.5 Money Prices and Income -- 3.6 Conclusion -- 4 Monetary Aggregation and the Neutrality of Money -- 4.1 Introduction -- 4.2 The Many Kinds of Money. 
588 0 |a Print version record. 
520 |a This book provides a comprehensive and systematic introduction to the problem of the definition of money and investigates the gains that can be achieved by a rigorous use of microeconomic- and aggregation-theoretic foundations in the construction of monetary aggregates. It provides readers with key aspects of monetary economics and macroeconomics, including monetary aggregation, demand systems, flexible functional forms, long-run monetary neutrality, the welfare cost of inflation, and nonlinear chaotic dynamics. This book offers the following conclusions: the simple-sum approach to monetary ag. 
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650 0 |a Money supply. 
650 0 |a Monetary policy. 
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650 6 |a Politique monétaire. 
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776 0 8 |i Print version:  |a Serletis, Apostolos.  |t Money and the economy.  |d Hackensack, NJ : World Scientific Pub., 2006  |w (DLC) 2006045700 
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