An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money … theory is to regard the creation of money as a slow process compared to exchange processes of deposit money. The exchange of …

on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …An evolutionary model of the bank size distribution is presented based on the exchange and creation of deposit money …

money. Since the early 1930s Hayek had been concerned about the role of money in the theory of production (Hayek, 1931 … information available in the markets, for the purpose of economic calculus. In his view, competition, through the price market … information to correctly manage the money supply. Frederic von Hayek, in fact, restated the relevance of concepts and ideas …

awareness and respect for empirical content to bear when he wrote about the Quantity Theory of Money, but he hesitated to probe …

consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of …

Irving Fisher's encounter with the Quantity theory of Money began in the 1890s, during the debate about bimetallism …, and reached its high point in 1911 with the publication of The Purchasing Power of Money. His most important refinement of …

. As such, it can be described as the first true central bank. The debut of central bank money did not result from any …