investment of money market funds (MMFs) at the Federal Reserve's overnight reverse repo (ON RRP) facility has continued to …

This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of …

In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in … which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production …. I then focus in more detail on two main categories: the orthodox approach that views money as an efficiency …

can deny in the aftermath of the economy's collapse. While orthodox approaches lead to the conclusion that money and … basis for developing an approach that puts money and finance front and center. Including the theory of social costs also …

Meltzer (2001b) argues that the current trend for downgrading the role of money in standard macro models is erroneous … introducing an explicit role of money in these models. …

In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in … which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production …. I then focus in more detail on two main categories: the orthodox approach that views money as an efficiency …

money and finance should not matter much, the alternative tradition-from Veblen and Keynes to Galbraith and Minsky …-provides the basis for developing an approach that puts money and finance front and center. Including the theory of social costs …

This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of …

responses of output, inflation, and money market mutual funds (MMMF) to a positive monetary shock. The idea of incorporating …

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 …