purposes of money in modern societies: among others, as a medium of exchange, as a standard or measure of value; as a basis for …ABSTRACT This paper develops a broad, multi-faceted approach to the socio-economics of money. The aim is to elaborate … models with which to describe and analyze money and money systems in modern societies. No single theory is conceivable but a …

in a way that the excess demand for credits equals the preferred amount of money. It is compatible with the Keynesian …

included in measures of the money supply. The reason is accounting conventions, which do not permit adding liabilities, such as … credit card balances, to assets, such as money. But economic aggregation theory and index number theory are based on … cards and money. In the transmission mechanism of central bank policy, these results raise potentially fundamental questions …

We investigate whether money constitutes a perfect substitute for the missing record-keeping technology in a quasi … the available memory technologies. The result is that when money is divisible, concealable and in variable supply, a … single money may or may not be su¢ cient to replace the record-keeping technology. We further show that two monies serve as a …

between those quarters (i.e., from the early 1340s to the mid 1370s). The analysis of the evidence on money, prices, and wages … formula: NWI/CPI = RWI). Thus the undisputed rise in nominal or money wages following the Black Death was literally ‘swamped …

This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …

seems to be not essential to rationalize the use of money in a search theoretic framework. This paper analyzes an endogenous … price search model of money where there is universal double coincidence of wants. The existence of a monetary equilibrium … depends, essentially, on the asymmetry in the role played by economic agents in the exchange and production processes. In …

This paper re-examines the causal relationship between money and prices in Pakistan using recent data on money and … money to prices. Further, it seems that the monetary expansion has a greater impact on wholesale sale prices compared to CPI. …

between Marx’s economics and post-Keynesian approaches in the field of money, credit and the rate of interest. Starting from …