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" Money and the economy / "
Apostolos Serletis.
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BL
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| Record Number
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986073
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| Doc. No
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b740443
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| Main Entry
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Serletis, Apostolos.
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| Title & Author
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Money and the economy /\ Apostolos Serletis.
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| Publication Statement
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Hackensack, NJ :: World Scientific Pub.,, 2006.
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| Page. NO
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1 online resource (xix, 330 pages) :: illustrations
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| ISBN
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9789812568182
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: 9789812773500
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: 9812568182
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: 9812773509
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9812568182
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| Bibliographies/Indexes
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Includes bibliographical references (pages 299-320) and indexes.
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| Contents
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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.
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| Abstract
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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 aspects of monetary economics and macroeconomics, including monetary aggregation, demand systems, flexible functional forms, long-run monetary neutrality, the welfare cost of inflation, and nonlinear chaotic dynamics. This book offers the following conclusions: the simple-sum approach to monetary ag.
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| Subject
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Demand for money.
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Monetary policy.
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Money supply.
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BUSINESS ECONOMICS-- Money Monetary Policy.
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Demand for money.
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Monetary policy.
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Money supply.
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Geld.
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Monetaire politiek.
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| Dewey Classification
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332.4
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| LC Classification
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HG226.5.S473 2006eb
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