This paper provides an overview of the role of money in modern macro models. In particular, we are focussing on New … Keynesian and New Monetarist models to investigate their main findings and most significant shortcomings in considering money … recent New Keynesian literature, we argue that keeping an eye on money is important to monetary policy decision-makers in …

In this paper, I develop a Marxian model of market for money capital populated by capitalists equipped with equal money … with relatively weak technology, yielding profit rate lower than interest rate, become a money capitalist (lender) and …