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...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Hackensack, NJ :
World Scientific Pub.,
2006.
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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.