recognition to the intertemporal nature of households' saving decisions. Like traditional IS-LM, however, the optimizing version … tends to understate the value of money as an indicator for monetary policy. …

, etc.; finds that reduction of investment and consumption and wage cuts will not improve efficiency. References …

rate. Money’s role in monetary policy has been tertiary, at best. Indeed, several influential economists have suggested … that money is irrelevant for monetary policy. They suggest that central banks can control inflation by (i) controlling a … rate in order to exert greater control over longer-term rates. I offer an alternative perspective: namely, that money is …

, savings, investment, trade, etc.; presents a simulation of the abolishment of a petroleum subsidy to illustrate the working of …

participation, the economic role of the public sector, wages, savings and investment, trends in the emigration of local level … investment. References, statistical tables. …

on a case study of Ecuador - considers the distribution of savings, investment, capital resources and financial losses …