measures have also loomed over the global recession. This paper highlights the theoretical fallacies of monetarism and analyzes …

models, prices are sticky by assumption. Here it is a result. We use search theory, with two consequences: prices are set in …

official simple-sum monetary aggregates with monetary aggregates consistent with economic index number theory, such as Divisia … theory, and monetarist economomics. Research and data on Divisia monetary aggregates are available for over 40 countries …

-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …

transmission channels by which the purchases can be expected to affect economic activity and inflation. Then we assess the effects …

-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …

benefitting from asymmetric information, were able to spend their new coins before their gains were eroded by inflation. This …

This paper presents a model that pictures how inflation is determined in a decentralized market process where prices … setters of sequential contracts. An important property of the model is that inflation thus can be explained without any … reference to the quantity of money.Following up the finding that inflation is determined in a coordination game, it is …

of money, it causes inflation, in the absence of monetary intervention. If the monetary authority attempts to restore pre … credit cards, there is even more inflation, and less efficiency gains. The monetary authority might then have to accept less … than pre-credit card efficiency in order to restore pre-credit card price levels, or else it will have to accept inflation …

The magnitude of the rise in inflation rate in Indonesia during the height of the 1997 financial crisis was among the … hypotheses of inflation and compares and contrasts the sources of price changes during the pre- and post-1997 financial crisis … two key monetary determinants of the inflation in the country. …