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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
Tabla de Contenidos:
  • 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.