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 …

phenomenon's policy importance, and, along with his earlier analysis of employment fluctuations, provides still important …

addition, currency stability and expansionary money supply (M1) growth are other concerns of the BSP, though significantly so …

traditional approach to the theory of money that stresses its means of exchange role. It suggests that, though there are …

Using a macroeconometric framework, this paper analyses relationships among money, barter and inflation in Russia … findings suggest that barter has resulted partly from output losses and partly from a reduction in real money balances, but to … a lesser extent. There is some evidence that the effect of barter on prices is less than that of money. We also find …