This paper examines the existence and stability of both the long‐ and short‐run demand for narrow and broad money …). The study reveals the existence of a systematic long‐run relationship among real money balances, real income, interest … rate and exchange rate. Results from testing the hypothesis of a unitary price elasticity confirm that only the broad money …

money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find … that while money can exist in sequence economies with frictions, models of this type give no justification for its creation …

recount their relationship as an experiment in novel engagements with economic things (money, corporations, universities … is a specific set of projects around money and payment. The intellectual background is the anthropology of finance and …