Search Results - subject:"Monetary misperceptions"

J.S. Mill, W. Roscher and D.H. Robertson: The early history of the monetary misperceptions hypothesis

Boianovsky, Mauro - 2021

Around 50 years ago, Edmund Phelps and Robert Lucas proposed an answer to the question why changes in aggregate nominal spending bring about output and employment effects, instead of purely proportional variations in prices. The Phelps-Lucas monetary misperception hypothesis asserted that...

Persistent link: https://www.econbiz.de/10012662301

J.S. Mill, W. Roscher and D.H. Robertson : the early history of the monetary misperceptions hypothesis

Boianovsky, Mauro - 2021 - This version, October 2021

Persistent link: https://www.econbiz.de/10012656419

Monetary Misperceptions, Output and Inflation Dynamics

Collard, Fabrice; Dellas, Harris - School of Economics, University of Adelaide - 2009

money data captures monetary misperceptions well. Second, misperceived money is quantitatively substantial and also matters …

Persistent link: https://www.econbiz.de/10008542613