The argument refined: exogenous and endogenous money

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Chapter 4 in Money and Inflation, 2001, pp 89-118 from Edward Elgar Publishing

Abstract: It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this idea can neither explain the purchasing power of money nor its variations over time, and a new theory is therefore presented in its place.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2001
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