capitalism’: namely, that the inflationary forces of the Price Revolution era produced a widening gap between prices and wages … prices; and that early-modern England had experienced the greatest degree of such ‘profit inflation’. Such a contrast in … was its enthusiastic endorsement by John Maynard Keynes, in his Treatise of Money, published the following year, in 1930 …

This paper re-examines the causal relationship between money and income and between money and prices in Pakistan. Using …-integration analysis indicates, in general, the long run relationship among money, income, and prices. The Error Correction and Granger … between money and prices, the causality framework provides the evidence of bi-variate causality indicating that monetary …

A game theoretic approach to the theory of money and financial institution is given utilizing both the strategic and … used to calculate several cooperative forms that differ from each other in their utilization of money and credit and their … the extreme structures the concept of "enough money" can be defined usefully, and for large economies the games obtained …

In the canonical monetary policy model, money is endogenous to the optimal path for interest rates, output. But when … liquidity provision by banks dominates the demand for transactions money from the real economy, money is likely to contain … information for future output and inflation because of its impact on financial spreads. And so we decompose broad money into …

prices and money and real income, and that exogeneity of money cannot be rejected for the currency in circulation in the … of currency in circulation and the broad money aggregate in the economy cannot be rejected through a quantity theoretical … co-integrating long-term variable space. We find that there exists an about one-to-one proportionality between money and …

prices and money and real income, and that the exogeneity of money cannot be rejected for the currency in circulation in the … of currency in circulation and the broad money aggregate in the economy cannot be rejected through a quantity theoretical … co-integrating long-term variable space. We find that there exists an about one-to-one proportionality between money and …

money using modern payment systems, panic runs do not occur if there is efficient lending among banks. Aggregate shocks also … do not cause bank runs because nominal deposits allow consumption to adjust efficiently with prices. Currency withdrawals …

between those quarters (i.e., from the early 1340s to the mid 1370s). The analysis of the evidence on money, prices, and wages … depopulation will result in falling grain prices and thus in falling rents on grain-producing lands (on land in general) and in … would also have been a product of the fall in the cost of living, chiefly determined by bread-grain prices, whose decline …