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Intro -- Contents -- Preface -- Introduction -- 1 - Empirical Evidence on Money, Prices, and Output -- 2 - Money-in-the-Utility Function -- 3 - Money and Transactions -- 4 - Money and Public Finance -- 5 - Money, Output, and Inflation in the Short Run -- 6 - Money and the Open Economy -- 7 - The...
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Huizinga and Mishkin (1986) have recently proposed a simple method for testing whether monetary policy regime changes have affected the ex-ante real rate of interest. This paper shows that care must be taken in choosing the set of variables on which to project the ex-post real rate if inferences...
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