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1. Why Another Book about Money? -- 2. Imagine a World Without Money -- 3. A Brief History of Money -- 4. Saving, Lending, Borrowing, and the Banking Sector -- 5. Central Banks, Monetary Policy, and the Economy -- 6. The Financial Crisis of 2007-2009 and the Great Recession -- 7. Economic Growth...
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This paper proposes an alternative view of Wang and Yip's (1992a) model to allow for real money balances as an input into human capital production. It is found that the validity of Wang and Yip's (1992a) finding on the superneutrality of money with respect to economic growth crucially depends on...
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