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"This volume is about ways of studying medieval money, and especially the most direct manifestation of money: coinage. It is intended to introduce readers to a range of approaches to a subject that has traditionally been seen as somewhat specialized; a domain of highly technical study which often...
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Whether a theoretical system is realistic or not has been a concern in economics, particularly in monetary theory, over the past century. Following John R. Hicks' proposal that a realistic monetary theory could be constructed along an evolutionary path, starting with the workings of a real...
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In this paper we estimate a simple New-Keynesian DSGE model with German data for the sample period 1970:q1 to 1998:q4. Contrary to a number of recent similar papers estimated with US and euro-area data, we find that real money balances contribute significantly to the determination of inflation...
Persistent link: https://www.econbiz.de/10011432232
In this paper we estimate a simple New-Keynesian DSGE model with German data for the sample period 1970:q1 to 1998:q4. Contrary to a number of recent similar papers estimated with US and euro-area data, we find that real money balances contribute significantly to the determination of inflation...
Persistent link: https://www.econbiz.de/10001814482
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