Demand for money : an analysis of the long-run behavior of the velocity of circulation /
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TextPublication details: New Brunswick [New Jersey] : Transaction Publishers, c2004.Description: xxvi, 181 pISBN: - 0765809613 (alk. paper)
- 9780765809612
- 332.4'01 BOR
- HG226.6 .B67 2004
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| 332.3'7 LEW Labour Banks in Latin America and the Caribbean / | 332.3'7 LOE German Labour Banks in the Twenties / | 332.4'01 BOR Demand for money : | 332.4'01 BOR Demand for money : | 332.4'01 HAV Money supply, money demand, and macroeconomic models / | 332.4'01 ORR Cash management and the demand for money / | 332.4’01’51 EDE A course in monetary economics : |
Rev. ed. of: The long-run behavior of the velocity of circulation / Michael D. Bordo, Lars Jonung. c1987.
Includes bibliographical references and index.
The book proposes that institutional factors as opposed to real income, play a greater role in velocity than previously thought. As matter of fact, institutional factors have a major impact on monetary policy.
opc 27/10/16
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