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  • Search: subject:"Declarative changes of the unit of account"
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Accommodation 1 Axiom set 1 Contract equation 1 Declarative changes of the unit of account 1 Endogeneity 1 Full gold-backing 1 Money-credit symmetry 1 Neutrality 1 New framework of concepts 1 Overlapping generations 1 Perfect inflation 1 Real balance effect 1 Store of value 1 Structure-centric 1
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Free 1
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Book / Working Paper 1
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Undetermined 1
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Kakarot-Handtke, Egmont 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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MPRA Paper 1
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Reconstructing the Quantity Theory (I)
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
The quantity theory is disjunct to the hard core of general equilibrium theory. It does not relate to the formal foundations of standard economics and, vice versa, from the behavioral axioms of standard economics a rationale for using money cannot be derived. The present paper leaves the...
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