quantity of money
The Optimal Quantity of Money Consistent with Positive Nominal Interest Rates
... the quantity of money that satisfies equation (15); thus, there is no room for further welfare ...demand money for transactions that increases their net economic ...demand money up to the ...
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The Optimum Quantity of Money Revisited: Distortionary Taxation in a Search Model of Money
... The Optimum Quantity of Money Revisited: Distortionary Taxation in a Search Model of Money Ritter, Moritz University of Toronto.. Online at https://mpra.ub.uni-muenchen.de/1973/ MPRA Pap[r] ...
37
On the Distribution of Money Holdings in a Random Matching Model
... This section studies the convergence property of the model when the optimum quantity of money is distributed. The convergence property is of interest because it gives us some intuition of whether the ...
18
A Pure Theory of Aggregate Price Determination
... the quantity theory of money, can be achieved by the following two ...the quantity of ...the quantity theory of money under perfect ...of money, that is, the inflation rate, is ...
7
The coherency of money, profit, price, and distribution
... of money then takes the form of current deposits or current ...versa. Money and credit are ...the quantity of money at the end of an arbitrary number of periods is given by the absolute value ...
16
DO MONETARY AGGREGATES BELONG IN A MONETARY MODEL? EVIDENCE FROM THE UK
... the quantity of money in the monetary policy equation and disentangling the money supply from the money demand resolve the price and liquidity puzzles, two well-established puzzles in the VAR ...
22
The Argentine Macroeconomy during the Post Convertibility Period: Performance, Debates and Perspectives
... Therefore, if the excess supply in foreign exchange implies an excess demand for domestic assets, the monetary authority should have no difficulty in regulating the quantity of money or [r] ...
23
On one criterion for the permanent economy development
... the quantity of money in the economy system if the aim is that to reform the economy sector where the demand on a certain group of goods is sufficiently small, or it increases the refinance rate to decrease ...
16
Inflation and its Cures
... of money as a commodity was widespread in the past, but is lost ...as money (a common medium of exchange) from the barter ...because money is just another good/commodity into the market process, its ...
13
Determinants of Inflation in Tunisia Using Structural Modeling
... These models abandon the relation between quantity of money and level of price, as the quantitative equation of the currency stipulates it, to solve below to construct a model of which t[r] ...
15
Volume 01 Issue 04: (2012) July-August 2012
... to Quantity theory of money, Inflation is always and everywhere a monetary phenomenon, produced in the first instance by an unduly rapid growth in the quantity of money ...increased ...
7
The Quantity Theory of Money and Its Long Run Implications: Empirical Evidence from Nigeria
... The Quantity Theory of Money (QTM) is one of the popular classical macroeconomic models that explain the relationship between the quantity of money in an economy and the level of prices of ...
18
Monetary policy and excess liquidity: the case of Guyana
... The paper demonstrated that this key policy operation emanates from the IMF’s financial programming model, which holds that an excess of money supply over the desired quantity of money d[r] ...
30
Relationship among Money, Prices and Aggregate Output in Thailand
... of money demand function based on the quantity theory indicate a stable long-run relationship between real money demand and aggregate output when M3 is used as monetary ...level, money stock ...
10
Oil Prices and Money Neutrality
... long run coefficients on the dollar index variable are statistically significantly different from -1. To be exact, these coefficients are higher than −1. The fact that the valuation effect of the dollar index is so low ...
9
Choosing put option parameters based on quantiles from the distribution of portfolio value
... some quantity and strike ...for quantity and ...with quantity one and strike deep in the money, that maximize the quantile and reduce all variation in the portfolio ...
14
The Case for Simplicity: a Paradigm for the Political Economy of the 21st Century
... in money prices correctly deflated to reduce them to constant labour hours –– can result only either from extra work or from the consumption of a decreased share of the total produce of society, whether measured ...
13
Posting.pdf
... There are several alternative approaches to generate the hot-potato e¤ect in the litera- ture. In Peterson and Shi (2004), the economy consists of large households, which send a large number of buyers to purchase goods ...
46
Liquidity, Financial Intermediation, and Monetary Policy in a New Monetarist Model
... the money stock, reduces the real quantity of government-supplied liquid assets, the real interest rate falls, and there is an increase in ...of money - is invariant in real terms to the change in ...
30
On the Quantity Theory of Money, Credit, and Seigniorage
... a quantity theory of credit is too vague in its predictions. A quantity theory of seigniorage approach is proposed in its place, arriving at the conclusion that the financial system may be held responsible ...
8