Inflation Theory in Economics
Welfare, Velocity, Growth and Business Cycles
|Series title:||Routledge International Studies in Money and Banking Ser.|
|Publication Date:||Sep 2013|
| Book Format:||Paperback|
|List Price:||USD $54.95|
| Book Description: |
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...