. Incorporating shocks to money growth and productivity, we calibrate the model to the US time series data to examine the model …'s quantitative predictions on aggregate variables and, in particular, on the variability of consumption velocity of money. Despite … the fact that money is the only asset, the model captures most of the variability of velocity in the data. It also …

consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of …

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 …

The role of money in society has been a controversial topic in economic theory over many years. Particular attention … has been devoted to the analysis whether there should be competition in the supply of money, or whether this is best left … today we have competition between issuers of money, namely in the international context, with electronic money, and in large …

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