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 Textual Practice by Max Gillman
Cover of the book Technology, Literacy, and the Evolution of Society by Max Gillman
Cover of the book Video Ethnography by Max Gillman
Cover of the book Displacement of Concepts by Max Gillman
Cover of the book Regional Maintenance of Peace and Security under International Law by Max Gillman
Cover of the book Life and Art by Max Gillman
Cover of the book Teacher Education Policy and Practice in Europe by Max Gillman
Cover of the book Reading Brandom by Max Gillman
Cover of the book Using Words and Things by Max Gillman
Cover of the book Melanie Klein Today, Volume 1: Mainly Theory by Max Gillman
Cover of the book English Language Arts Research and Teaching by Max Gillman
Cover of the book Personification in the Greek World by Max Gillman
Cover of the book Mapping Place Names of India by Max Gillman
Cover of the book Knowing in Organizations: A Practice-Based Approach by Max Gillman
Cover of the book Focus, Coherence and Emphasis 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