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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.

Suggested Citation

  • Carlos A. Rodríguez, 2004. "A General Equilibrium Analysis of the Demand for Money," GE, Growth, Math methods 0410010, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpge:0410010
    Note: Type of Document - doc; pages: 11. Word for Windows document submitted via ftp
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    References listed on IDEAS

    as
    1. 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.
    2. 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.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General

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