Central Bank of Nigeria Library

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Money supply, money demand, and macroeconomic models /

By: Contributor(s): Material type: TextTextPublication details: Arlington Heights, Ill. : H. Davidson, c1982.Edition: 2nd edDescription: xvi, 528 p. : illISBN:
  • 0882954083 (pbk.)
Subject(s): DDC classification:
  • 332.4'01 HAV
LOC classification:
  • HG221 .H326 1982
Summary: This book examine the econometric implications of two alternative theories of the monetary process. Both the neo-Keynesians and the Monetarist see a general portfolio balance mechanism at work in the economy, but agreement seems to stop there. Their divergent views concerning the importance of interest rates, the direction of effect of money on interest rates, the nature of price determination, and the feasibility of representing the adjustment process econometrically have been discussed.
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Holdings
Item type Current library Collection Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 332.4'01 HAV (Browse shelf(Opens below)) Available 31008100118377

Authors' names in reverse order in 1st ed. 1972.

Includes bibliographical references and index.

This book examine the econometric implications of two alternative theories of the monetary process. Both the neo-Keynesians and the Monetarist see a general portfolio balance mechanism at work in the economy, but agreement seems to stop there. Their divergent views concerning the importance of interest rates, the direction of effect of money on interest rates, the nature of price determination, and the feasibility of representing the adjustment process econometrically have been discussed.

usc 31/05/2017

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