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This paper assesses the relationship between money and credit and episodes of sharp depreciation in East Asia by: (i …) examining the growth rates of money and credit variables around depreciation episodes; (ii) estimating the impact of money and … contained in money and credit variables prior to episodes of sharp currency depreciation. ; Reserve money grew rapidly prior to …
Persistent link: https://www.econbiz.de/10005352386
An examination of recent empirical research on money demand, which states that the interest elasticity of money demand …
Persistent link: https://www.econbiz.de/10005360727
An examination of the commonly accepted positive correlation between money and real output, including a review of … several models of business cycles and an explanation of how money can be neutral and yet still appear to affect real output. …
Persistent link: https://www.econbiz.de/10005360736
describing the frictions necessary to construct a model where money has an essential role, they conclude by reviewing many …
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An essay, written in 1779-80, concerning the relationship between money growth, government liability issues, and …
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A look at the pros and cons of currency boards as an institution for providing monetary credibility in developing countries.
Persistent link: https://www.econbiz.de/10005360778
Economic theory implies that the quantity of money in the economy is linked both to the Federal Reserve's policy …
Persistent link: https://www.econbiz.de/10005360950