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New Monetary Economics: Revisiting Indirect Converibility and Monetary Separation



The purpose of our paper is to review the literature on new monetary economics in order to understand its basic premises and to assess how it fits into the contemporary money and banking literature.

Suggested Citation

  • Ferris, S. & Galbraith, J., 1997. "New Monetary Economics: Revisiting Indirect Converibility and Monetary Separation," Carleton Economic Papers 97-05, Carleton University, Department of Economics.
  • Handle: RePEc:car:carecp:97-05

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    References listed on IDEAS

    1. S. J. Prais, 1959. "Whose Cost of Living?," Review of Economic Studies, Oxford University Press, vol. 26(2), pages 126-134.
    2. Franklin M. Fisher & Zvi Griliches, 1995. "Aggregate Price Indices, New Goods, and Generics," The Quarterly Journal of Economics, Oxford University Press, vol. 110(1), pages 229-244.
    3. Kravis, Irving B & Lipsey, Robert E, 1969. "International Price Comparisons by Regression Methods," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(2), pages 233-246, June.
    4. Samuelson, Paul A & Swamy, S, 1974. "Invariant Economic Index Numbers and Canonical Duality: Survey and Synthesis," American Economic Review, American Economic Association, vol. 64(4), pages 566-593, September.
    5. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72, pages 584-584.
    6. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    7. Pollak, Robert A, 1980. "Group Cost-of-Living Indexes," American Economic Review, American Economic Association, vol. 70(2), pages 273-278, May.
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    More about this item



    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General


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