Money and Long Run Growth

Jin Cao () and Gerhard Illing
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Gerhard Illing: LMU

Chapter 2 in Instructor's Manual for Money: Theory and Practice, 2019, pp 35-61 from Springer

Abstract: Abstract This chapter provides exercises for modelling money in long-run growth models, especially Money-in-the-Utility and Cash-in-Advance models. Further exercises discuss the welfare-improving role of money and the cost of inflation. Solutions are provided for selected exercises.

Date: 2019
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DOI: 10.1007/978-3-030-23618-2_2

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