annual wholesale price indexes for the period 1948-76. The data on money shocks are the unanticipated money growth series … results are negative. They reject the hypothesis that unexpected money shocks, as measured by Barro, affect price dispersion …

We formulate a generalization of the traditional medium-of-exchange function of money in contexts where there is … that the option to settle transactions directly with money strengthens the stance of sellers of goods and services vis … "latent money demand" considerations imply monetary policy remains effective through medium-of-exchange channels even if the …

magnitude of the unperceived money growth. The testing of this hypothesis requires two preliminary steps. First, a price … unperceived money growth. This estimation implies the postulation of an available information set and also a function relating the … variables in this set to money creation. The function used was based on considerations related to government demand for revenue …

piracy. My analysis is based on copyright registrations, information on authors, book titles and prices, financial data from …

functions of money. So-called stable coins are intended to bridge this gap, but whether they can be successfully scaled up and …

, and money supply shocks using a structural panel vector autoregression. We then use historical decompositions to … nineteenth century reflected both positive aggregate supply shocks and negative money supply shocks. However, the negative money …

economic activities and hence with regional money. Monetary policy was one body conducted at regional level, but overseen … money circulated, with gold, silver, copper, and paper all present at various times. Monetary policy was guided by monetary …

theories whose inputs are budget-feasible sequences of government issued bonds and money with complete theories whose inputs … are bond-money strategies described as sequences of functions that map time t histories into time t government actions. We …

We use book translations as a new measure of international idea flows and study the effects of Communism's collapse in …