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Money and the Economy

Apostolos Serletis

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: This book provides a comprehensive and systematic introduction to the problem of the definition of money and investigates the gains that can be achieved by a rigorous use of microeconomic- and aggregation-theoretic foundations in the construction of monetary aggregates. It provides readers with key aspects of monetary economics and macroeconomics, including monetary aggregation, demand systems, flexible functional forms, long-run monetary neutrality, the welfare cost of inflation, and nonlinear chaotic dynamics.

Keywords: Monetary Aggregation; Demand for Money; Demand Systems; Flexible Functional Forms; Welfare Cost of Inflation; Money-Income Causality; Nominal Stylized Facts (search for similar items in EconPapers)
Date: 2006
ISBN: 9789812568182
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://www.worldscientific.com/worldscibooks/10.1142/6118 (text/html)
Ebook Access is available upon purchase

Chapters in this book:

Ch 1 Consumer Theory and the Demand for Money , pp 3-43 Downloads
William Barnett, Douglas Fisher and Apostolos Serletis
Ch 2 Nominal Stylized Facts of U.S. Business Cycles , pp 47-56 Downloads
Apostolos Serletis and David Krause
Ch 3 The Empirical Relationship Between Money, Prices, and Income Revisited , pp 57-71 Downloads
Apostolos Serletis
Ch 4 Monetary Aggregation and the Neutrality of Money , pp 72-95 Downloads
Apostolos Serletis and Zisimos Koustas
Ch 5 Monetary Aggregation, Inflation, and Welfare , pp 98-116 Downloads
Apostolos Serletis and Jagat Jit Virk
Ch 6 Random Walks, Breaking Trend Functions, and the Chaotic Structure of the Velocity of Money , pp 119-130 Downloads
Apostolos Serletis
Ch 7 Chaotic Analysis of U.S. Money and Velocity Measures , pp 131-143 Downloads
Apostolos Serletis and Ioannis Andreadis
Ch 8 Divisia Aggregation and Substitutability Among Monetary Assets , pp 147-166 Downloads
Apostolos Serletis and A. Robb
Ch 9 The Demand for Divisia M1, M2, and M3 in the United States , pp 167-188 Downloads
Apostolos Serletis
Ch 10 Translog Flexible Functional Forms and Substitutability of Monetary Assets , pp 189-205 Downloads
Apostolos Serletis
Ch 11 The Demand for Divisia Money in the United States: A Dynamic Flexible Demand System , pp 208-226 Downloads
Apostolos Serletis
Ch 12 Modeling the Demand for Consumption Goods and Liquid Assets , pp 227-244 Downloads
Apostolos Serletis
Ch 13 An Empirical Comparison of Flexible Demand System Functional Forms , pp 247-277 Downloads
Douglas Fisher, Adrian R. Fleissig and Apostolos Serletis
Ch 14 Semi-Nonparametric Estimates of the Demand for Money in the United States , pp 278-298 Downloads
Apostolos Serletis and Asghar Shahmoradi

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