The Demand for Money : Theories, Evidence, and Problems (The Harpercollins Series in Economics) （4 SUB）

Laidler, David E. W.

Pearson College Div（1992/08発売）

• 製本 Paperback:紙装版/ペーパーバック版
• 言語 ENG
• 商品コード 9780065010985
• DDC分類 332.401

Full Description

The Demand for Money documents the residual effects of monetarism, which now form a part of the economic mainstream. David Laidler conducts an eye-opening investigation of the importance of the demand for money, particularly in light of interest rates and income levels. He has also honed his treatment of the fixed-price IS-LM model, presenting it as a prelude to developing the demand side of an aggregate demand and supply framework, and expanded the discussions of data and econometrics. This text encourages students to question the debt of our knowledge about the monetary sector, encouraging further excursions in search of first-hand experience.

Contents

I. THE MACROECONOMIC FRAMEWORK. 1. The Role of the Demand Function. 2. The Demand for Money in a Fixed Price Level Macroeconomic Model. 3. Price Flexibility in the Macromodel. 4. A Brief Overview. 5. The Classics, Keynes, and the Modern Quantity Theory. 6. The Demand for Money as a Means of Exchange. 7. The Demand for Money as an Asset. III. DATA PROBLEMS AND ECONOMETRIC ISSUES. 8. Measuring the Variables of the Demand-for-Money Function. 9. Some Econometric Issues. 10. An Overview of the Evidence. 11. The Influence of the Opportunity Cost of Holding Money. 12. Other Variables and the Question of Stability. 13. Tentative Conclusions.