Endogenous Money, the Production Process, and Inflation Analysis

Louise Davidson

Chapter 25 in Money and Employment, 1990, pp 374-388 from Palgrave Macmillan

Abstract: Abstract Recently, Hahn, a distinguished neoclassical theorist, wrote. The most serious challenge that the existence of money poses to the theorist is this: the best developed model of the economy cannot find room for it’ (Hahn, 1981, p. 1).

Keywords: Central Bank; Banking System; Money Supply; Supply Function; Forward Contract (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11513-6_26

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DOI: 10.1007/978-1-349-11513-6_26

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