This paper examines the relationship between inflation and real income in Australia, Canada, Finland, New Zealand …, Spain, Sweden and the UK which have adopted a "formal" policy of low or zero inflation target. Using cointegration analysis … and a vector error correction model (VECM), it is found that the long-run relationship between inflation and real income …

natural-rate hypothesis, the quantity theory of money, the equation of exchange, the Fisher equation, and purchasing power …, relationships among the various topics are developed and the validity of empirical tests (e.g., cointegration tests) relating to …

money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find … that while money can exist in sequence economies with frictions, models of this type give no justification for its creation …

for non trivial investment decisions; Allowing for two goods; Introducing money; Introducing price setting; Introducing … staggering of price decisions; and Applications to fiscal and monetary policy. …

This thesis investigates the consequences of model uncertainty and persistence in consumption habits and price …

non trivial investment decisions Allowing for two goods Introducing money Introducing price setting Introducing staggering … of price decisions Applications to fiscal and monetary policy …

. Overall, the findings indicate that money affects marital quality. Specifically, low income was associated behavioral … were more satisfied than low-income couples that were unhappy about their financial situation. The effects of money on …This 14-year longitudinal study extends previous research on money in marriage by using multiple measures of money to …

Analysts often use a single average or otherwise aggregated price series to represent several geographic or product … circumstances, such as when only long-term relationships hold among price series or when homogeneous but relatively perishable …