try to assess the relative importance of money against interest rate in explaining the evolution of the price level in six …

interest, which provided a link with the theory of money. Everything was granted a role - productiveness and prospectivess … Marshall's theory of capital was the establishment of a functional link between the theory of value and the theory of money. As …

monetary exchange and credit. Imperfect memory makes money useful, but it also permits theft to go undetected, and therefore … theft, and the optimal money growth rate tends to rise as the cost of theft falls. …

As per the researchers on monetary economics, a detailed account of the changing role of money from Walrasian and Non …-Walrasian settings to the more recent theories on the dynamics of the relationships between money, inflation and growth with reference to …

In this paper, I provide a rationale for why money should earn interest; or, what amounts to the same thing, why risk …-free claims to non-interest-bearing money should trade at discount. I argue that interest-bearing money is essential when … individual money balances are private information. The analysis also suggests one reason for why it is sufficient (as well as …

europäische Geldpolitik in der näheren Zukunft ergeben. …

inequality in their home country until recently, especially in Haiti. The known amount of remittances sent to Haiti by the …

In the recent decades, in Haiti, a growing propensity to accept new technologies is observed. More than ever, the … strategies implemented in Haiti in recent years. Then, we propose institutional innovation as both an analytical framework and a … challenge to understand and foster economic development through technology in Haiti. …