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On Income Velocity of Money, Precautionary Money Demand and Growth

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  • Jana Hromcová

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  • Jana Hromcová, 2007. "On Income Velocity of Money, Precautionary Money Demand and Growth," Journal of Economics, Springer, vol. 90(2), pages 143-166, March.
  • Handle: RePEc:kap:jeczfn:v:90:y:2007:i:2:p:143-166
    DOI: 10.1007/s00712-006-0228-0
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    References listed on IDEAS

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    1. McGrattan, Ellen R., 1998. "Trends in velocity and policy expectations : A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 49(1), pages 305-316, December.
    2. Cole, Harold L. & Ohanian, Lee E., 2002. "Shrinking money: the demand for money and the nonneutrality of money," Journal of Monetary Economics, Elsevier, vol. 49(4), pages 653-686, May.
    3. Jordi Caballé & Jana Hromcová, 2011. "The Role of Central Bank Operating Procedures in an Economy with Productive Government Spending," Computational Economics, Springer;Society for Computational Economics, vol. 37(1), pages 39-65, January.
    4. Harald Uhlig, 1995. "A toolkit for analyzing nonlinear dynamic stochastic models easily," Discussion Paper / Institute for Empirical Macroeconomics 101, Federal Reserve Bank of Minneapolis.
    5. H. Dellas, 2011. "Poole Revisited," Review of Business and Economic Literature, Intersentia, vol. 56(4), pages 405-426, December.
    6. Uhlig, H.F.H.V.S., 1995. "A toolkit for analyzing nonlinear dynamic stochastic models easily," Other publications TiSEM cc1b2469-9d2f-445a-a2b3-1, Tilburg University, School of Economics and Management.
    7. Ellen R. McGrattan, 1998. "A defense of AK growth models," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 22(Fall), pages 13-27.
    8. Christian Johnson, 1997. "Velocity and Money Demand in an Economy with Cash and Credit Goods," Working Papers Central Bank of Chile 05, Central Bank of Chile.
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    More about this item

    Keywords

    cash-in-advance; income velocity; precautionary money demand; money and growth; E40;
    All these keywords.

    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General

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