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A General Equilibrium Analysis of the Demand for Money

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  • Carlos A. Rodríguez

    (University of Puerto Rico, Río Piedras)

Abstract

A model of capital service is constructed on stylized consumer behaviour and the total quantity of financial resources. The demand for money becomes a function of the wage rate under agreement as well as interests rates and overall economic activity.

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Bibliographic Info

Paper provided by EconWPA in its series GE, Growth, Math methods with number 0410010.

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Length: 11 pages
Date of creation: 16 Oct 2004
Date of revision:
Handle: RePEc:wpa:wuwpge:0410010

Note: Type of Document - doc; pages: 11. Word for Windows document submitted via ftp
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Web page: http://128.118.178.162

Related research

Keywords: Monetary Economics; General Equilibrium; Wage Agreements;

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  1. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
  2. Tobin, James, 1969. "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 15-29, February.
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