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Notes on the Microfoundations of Monetary Economics

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Author Info

  • Laidler, D.

Abstract

It is important to keep two closely related distinctions in mind when discussing the microeconomics of money: that between the social arrangement known as monetary exchange, and those assets known as money; and that between what Patinkin (1957) called the market experiment and individual experiment.

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Bibliographic Info

Paper provided by University of Western Ontario, Department of Economics in its series UWO Department of Economics Working Papers with number 9610.

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Length: 19 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:uwo:uwowop:9610

Contact details of provider:
Postal: Department of Economics, Reference Centre, Social Science Centre, University of Western Ontario, London, Ontario, Canada N6A 5C2
Phone: 519-661-2111 Ext.85244
Web page: http://economics.uwo.ca/research/research_papers/department_working_papers.html

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Keywords: MONETARY ECONOMICS;

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Cited by:
  1. Zenón Quispe, 2000. "Monetary Policy in a Dollarized Economy: The Case of Peru," Money Affairs, Centro de Estudios Monetarios Latinoamericanos, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 167-206, July-Dece.
  2. Jose Noguera S., 2001. "The Appearance of Carriers and the Origins of Money," Macroeconomics, EconWPA 0012014, EconWPA.
  3. Yu, Qiao & Tsui, Albert K., 2000. "Monetary services and money demand in China," China Economic Review, Elsevier, vol. 11(2), pages 134-148, December.
  4. Luis Eduardo Arango & Andrés González, . "A Nonlinear Specification of Demand for Narrow Money in Colombia," Borradores de Economia 135, Banco de la Republica de Colombia.
  5. Michael T. Belongia & Peter N. Ireland, 2012. "A "Working" Solution to the Question of Nominal GDP Targeting," Boston College Working Papers in Economics 802, Boston College Department of Economics, revised 04 Jan 2013.
  6. Agustín G. Cartens & Alejandro M. Werner, 2000. "Mexico's Monetary Policy Framework Under a Floating Exchange Rate Regime," Money Affairs, Centro de Estudios Monetarios Latinoamericanos, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 113-165, July-Dece.
  7. Giuseppe Ferrero & Andrea Nobili & Patrizia Passiglia, 2007. "The sectoral distribution of money supply in the Euro area," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area 627, Bank of Italy, Economic Research and International Relations Area.
  8. Asadollah Farzinvash & Asghar Shahmoradi & Parisa Tavakol, 2008. "Estimation of the Demand for Money in Iran," Iranian Economic Review, Economics faculty of Tehran university, vol. 13(1), pages 35-51, spring.
  9. Syed Muhammad Tariq & Kent Matthews, 1997. "The Demand for Simple-sum and Divisia Monetary Aggregates for Pakistan: A Cointegration Approach," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 36(3), pages 275-291.
  10. Michael T. Belongia & Peter N. Ireland, 2012. "Quantitative Easing: Interest Rates and Money in the Measurement of Monetary Policy," Boston College Working Papers in Economics 801, Boston College Department of Economics.
  11. Tin, Jan, 2008. "An empirical examination of the inventory-theoretic model of precautionary money demand," Economics Letters, Elsevier, vol. 99(1), pages 204-205, April.
  12. William A. Barnett, 1996. "Which Road Leads to Stable Money Demand?," Macroeconomics, EconWPA 9611001, EconWPA.
  13. Luis Eduardo Arango & Andrés González, 2000. "A Nonlinear Specification of Demand for Cash in Colombia," Money Affairs, Centro de Estudios Monetarios Latinoamericanos, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 207-226, July-Dece.
  14. Piet-Hein Van Eeghen, 2011. "Rethinking equilibrium conditions in macromonetary theory: A conceptually rigorous approach," Working Papers 255, Economic Research Southern Africa.

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