money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find … that while money can exist in sequence economies with frictions, models of this type give no justification for its creation …

's key variable, the quantity of money …

Depression and the theoretical framework Keynes presents in The General Theory, the assumption of a constant money stock …

for non trivial investment decisions; Allowing for two goods; Introducing money; Introducing price setting; Introducing …

integrated analysis of money, finance and macroeconomics and its application to changing institutional and historical …

analysis of money, finance and macroeconomics and its appli-cation to changing institutional and historical circumstances, like …

consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of …