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

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 …

money supply. In June 2014, the real money supply decreased. That has happened for the first time since December 2009. It … required that such quantitative easing be put in place as would make real money supply grow at a pace no slower than the target …

growth rate of the real money supply. In June 2014, the real money supply decreased. That has happened for the first time … economic growth, it is required that such quantitative easing be put in place as would make real money supply grow at a pace no …

The present study examines the dynamic interactions among macroeconomic variables such as real output, prices, money … running from price level to exchange rate, interest rate to price level and real output to money supply during the pre … indicate short-run bidirectional causality between money supply and exchange rate, interest rate and price level and interest …

, inflationary expectations have grown significantly and; therefore, stray capital has been trying to find refuge in other safe …