Inflation Theory in Economics

Welfare, Velocity, Growth and Business Cycles

Business & Finance, Economics, Inflation, Foreign Exchange
Cover of the book Inflation Theory in Economics by Max Gillman, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Max Gillman ISBN: 9781134021734
Publisher: Taylor and Francis Publication: March 23, 2009
Imprint: Routledge Language: English
Author: Max Gillman
ISBN: 9781134021734
Publisher: Taylor and Francis
Publication: March 23, 2009
Imprint: Routledge
Language: English

These essays bring together a progression in monetary theory. The major theme that runs through all of the chapters is that in order to do monetary economics well in general equilibrium, it helps to have a good money demand underlying the theory.

A proper underlying money demand sets up arguably the best foundation from which to make extensions of monetary economics from the basic model. At the same time that money demand is modelled, this also “endogenizes” the velocity of money. This has been a challenge in the literature that these essays solve and then use to extend basic neoclassical growth and business cycle theory. Solving this problem, in a way that is a natural, direct, and “micro-founded” extension of the standard monetary theory is the first major contribution of the collection. The second major contribution is the extension of the neoclassical monetary models, using this solution, to reinvigorate classic issues of monetary economics and take them to the frontier.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

These essays bring together a progression in monetary theory. The major theme that runs through all of the chapters is that in order to do monetary economics well in general equilibrium, it helps to have a good money demand underlying the theory.

A proper underlying money demand sets up arguably the best foundation from which to make extensions of monetary economics from the basic model. At the same time that money demand is modelled, this also “endogenizes” the velocity of money. This has been a challenge in the literature that these essays solve and then use to extend basic neoclassical growth and business cycle theory. Solving this problem, in a way that is a natural, direct, and “micro-founded” extension of the standard monetary theory is the first major contribution of the collection. The second major contribution is the extension of the neoclassical monetary models, using this solution, to reinvigorate classic issues of monetary economics and take them to the frontier.

More books from Taylor and Francis

Cover of the book Social Media by Max Gillman
Cover of the book Ain't I a Woman by Max Gillman
Cover of the book LabStudio by Max Gillman
Cover of the book Current Practices in Public Libraries by Max Gillman
Cover of the book Company Directors' Responsibilities to Creditors by Max Gillman
Cover of the book Modernization, Urbanization and Development in Latin America, 1900s - 2000s by Max Gillman
Cover of the book Handbook of Research in International Human Resource Management by Max Gillman
Cover of the book Chinese Women Writers and the Feminist Imagination, 1905-1948 by Max Gillman
Cover of the book Restorative Justice by Max Gillman
Cover of the book Twelve Major Plays by Max Gillman
Cover of the book Pilgrimage in the Marketplace by Max Gillman
Cover of the book International Fascism, 1919-45 by Max Gillman
Cover of the book Federal Democracies by Max Gillman
Cover of the book King James VI and I by Max Gillman
Cover of the book Abrogation in the Qur'an and Islamic Law by Max Gillman
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy