money balances, building on Varian (1983). If additive separability is rejected, then real balances enter into the … sample period back to the 1980s, a period characterised by higher volatility in inflation and money growth. …

ability of money-based forecasts relative to a simple random walk benchmark model was high at medium-term forecasting horizons …

modified to account for observed money growth and inflation trends, and that monetary trends may serve as a useful cross … persistent errors in monetary policy and sustained trends in money growth and inflation. If interest rate prescriptions derived … from Keynesian-style models are augmented with a cross-check against money-based estimates of trend inflation, inflation …

criticized for failing to explain common trends in money growth and inflation, and that therefore money should be used as a cross …

. Looking forward, an open question is whether this change in the relationship between money, credit, the term spread and …

as a socio-material transformation in which capital changes its skin from money, to commodities, to more money. The …

origins of capitalist debt by looking at how commercial money is produced as debt in the late seventeenth and early eighteenth … which the control, production, and distribution of money, as interest-bearing debt, are used to discipline populations …

new money is created. We also aim to go further and argue that a proper understanding of how new money is created has such … possibilities. Our main argument is that the received truth of the fractional reserve theory or ‘money multiplier’ model taught in … most economics textbooks cannot explain the expansion of the money supply by logic, simple math and by basic bank …