|
Monetary economics - Wikipedia, the free encyclopedia
|
|
Quantity theory of money - Wikipedia, the free encyclopedia
In monetary economics, the quantity theory of money is the theory that money supply has a direct, positive relationship with the price level. The theory was challenged by Keynesian economics, but up...
en.wikipedia.org/wiki/Quantity_theory_of_money |
|||
|
|
|||
|
|||
|
The NBER Monetary Economics Program ... studies the mechanisms through which monetary policy operates and the effects of alternative approaches to making monetary policy. It also examines the effects of monetary policy on prices, output, exchange rates, and wages, both in the United States and other countries.
|
|||
|
In particular, monetary policy refers to efforts to fight inflation or otherwise control or stimulate the economy by controlling the availability of spending money to companies and consumers. Compare fiscal policy.
|
|||
|
One of the more lively papers delivered at this week's 75th Anniversary Lionel Robbins Conference in London was by the LSE's Charles Goodhart: The Continuing Muddles of Monetary Theory: A Steadfast Refusal to Face Facts (PDF). Goodhart believes monetary economics has "a long way yet to go", and few economists "have bothered ...
|
|||
|
Proposed Legislation which resolves the current crisis: The American Monetary Act is ready for the legislative process Zarlenga's speech at the U.S. Treasury (12/4 ... Why AMI considers the Austrian School as monetarily illiterate and not having done their homework: A Refutation of Menger's Theory of the Origin of Money;
|
|||
|
In today's econtalk podcast, Tyler Cowen and Russ Roberts discuss monetary theory and monetary policy. It is a wide-ranging discussion, covering several weeks worth of an intermediate macro course. If you are not familiar with the subject, you might have to listen several times, and perhaps read up on some of the topics.
|
Copyright © 2009, Dictionary.com, LLC. All rights reserved.