Money: Cause or Effect? Exogenous or Endogenous?

Louise Davidson

Chapter 12 in Uncertainty, International Money, Employment and Theory, 1999, pp 179-195 from Palgrave Macmillan

Abstract: Abstract Professor Hahn, a distinguished theorist, has recently written: ‘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: Banking System; Money Supply; Money Demand; Supply Function; Monetary Authority (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14991-9_12

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DOI: 10.1007/978-1-349-14991-9_12

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