consumption and investment expenditures, as well as their broadly defined components, are examined. We also test for effects of … money on long run reallocations of consumption expenditures among durables, nondurables, and services. The time series …This paper tests for long run effects of money on real expenditures in the U.S. over the 1959-2002 period. Real …

the production and consumption decisions of the individual in one model. For each individual, it identifies the customers … customers. These relations deal with value (quantities and prices), payment (subsistence, barter, money, and bond) and …

This paper studies the gain from using money as an indicator when monetary policy in made under data uncertainty. We … state of the economy. Money reveals some of the private sector’s information to the policymaker, especially if there is a … forward looking element in money demand. We show that observing money can considerably reduce the loss that is due to …

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

This five-chapter introduction into international money and foreign exchange markets covers all the basics, theoretical …, institutional, as well as empirical. After a brief review of the money market, we discuss the size and structure of the foreign … with an overview of the main international money organizations and the institutional framework of the past 150 years. …

policy maker; or when more than one union interacts with monopolistic competitors in the goods market and a policymaker. We …

This paper studies the existence of single-price price equilibrium from a given initial distribution of money holdings … in a search-theoretic model of money where agents have no time preference. The model is similar to the authors' recent … models of search economies with no constraints on money inventories, except that here money is modeled as indivisible and …

policy maker; or when more than one union interacts with monopolistic competitors in the goods market and a policymaker. We …

The Fisher-Seater methodology is used to investigate long run money neutrality in Mexico from 1932-2001. Long run … followed sharp upward movements in the money and inflation series. This finding of non- neutrality in Mexico arising from …