population-level interactions. I apply this framework on the case of money, analyzing the emotions that go along with the use of … money, and presenting a stylized account of the emergence of money in terms of the naturalized Searle-Aoki model. In this … view, money is a neuronally anchored metaphor for emotions relating with social exchange and reciprocity. Money as a meme …

applied on the institution of money, analyzing its emergence as a cognitive novelty that activates universal neuronal …

's key variable, the quantity of money …

It is then argued that, whereas Monetarism brought about a revival of the quantity theory of money from the limbo into …

rate and money growth in influencing economic outcomes are emphasised. Today's standard DSGE approach to modelling …

We turn our attention to the role of money for determining nominal magnitudes. Using US data, we find that the … aggregate 'nominal output plus and stock market capitalisation' is closely related to the money stock, lending support to one of … keep a very close eye on money supply if it wants to prevent consumer and/or asset price inflation. …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … effects on real money holdings. Empirically, we show that cross-country differences in real balances are determined not only … by income differences, a standard determinant of money demand, but also by house price developments. Higher house prices …

. We report that the different approach to modeling money - reduced-form vs. explicit role - neither induces theoretical … mechanism that governs cash transactions, not the explicit microfoundation of money. …

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 …