Search Results - subject_exact:"Monetarism"

Steininger, L. Eden - 2025

This essay examines the contemporary discourse on inflation through the lens of Wittgenstein's late work on language games. Using his concept of hinge propositions - beliefs upon which language games depend - I offer a novel perspective on the public good that is price stability. In particular,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015413135

How Margaret Thatcher's ideology emboldened her to bite the anti-inflationary bullet

McDonald, Ian Martin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015399199

On the mechanics of fiscal inflations

Bassetto, Marco; Benzoni, Luca; Hall, Jason - 2024

The goal of this paper is twofold. First, we wish to better explain the relationship between Sargent and Wallace's (1981) unpleasant monetarist arithmetic, the closely connected fiscal theory of the price level (FTPL), and the monetarist view of inflation. Second, we discuss how the recent...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014634111

If "money matters", what about the monetary base?

Congdon, Tim - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014338584

Piercing the veil of monetarism : a decomposition of American inflation, 1970-1985

Judge, Brian - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014418118

Monetary facts or monetarist facts? : a re-examination

Khan, Muhammad Azam; Rashid, Salim - 2025

The Quantity Theory of Money claims to provide one of the few long-run guides to economic policy by providing specific numbers to characterise the correlation between money growth and inflation. Acceptance of the Quantity Theory has been greatly helped by the claim, propounded most effectively...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015376957

Optimal monetarist arithmetic or how to inflate if you must

Manuelli, Rody - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015408890

Money and Inflation at the Time of Covid

Congdon, Tim - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015604187

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Money and inflation at the time of COVID

Congdon, Tim - 2025 - First edition

Edition: First edition

Book / Working Paper

Zygmunt Narski, Milton Friedman, and modern monetary policy

Ryczkowski, Maciej - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654322

Monetarism and monetary policy

Hetzel, Robert L. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015401088

Whither monetarism?

Sumner, Scott B. - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013333027

Milton Friedman and the road to monetarism : a review essay

Tavlas, George S. - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014281743

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Milton Friedman and the road to Monetarism: a review essay

Tavlas, George S. - 2022

Book / Working Paper

Milton Friedman and the road to monetarism : a review essay

Tavlas, G. S. - 2023

Book / Working Paper

The 50-year history of the SOMC and the evolution of monetary policy

Bordo, Michael D.; Levy, Mickey D. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015386592

Money in the search for a nominal anchor

Ireland, Peter N. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015064975

Monetaristische Ziele? : die Geldmengensteuerung der Deutschen Bundesbank in den 1970er und 1980er Jahren

Ahrens, Ralf - 2024

The annual announcement of monetary targets which the Deutsche Bundesbank started in 1974 is considered a core element of German monetary policy after the end of the Bretton Woods regime of fixed exchange rates. The paper asks to what extent this reorientation was shaped by monetarist ideas and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015051518

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Monetaristische Ziele? Die Geldmengensteuerung der Deutschen Bundesbank in den 1970er und 1980er Jahren

Ahrens, Ralf - 2024

Article

Monetaristische Ziele? : die Geldmengensteuerung der Deutschen Bundesbank in den 1970er und 1980er Jahren

Ahrens, Ralf - 2024

Article

Monetärer Keynesianismus : Versuch einer Rekonstruktion von Hajo Rieses "Theorie der Geldwirtschaft"

Spahn, Peter - 2024

Hajo Riese (FU Berlin) was a pioneer of the "Berlin School of Monetary Keynesianism", particularly in the 1980s and 1990s. His research work was based on the roots of monetary theory in the work of J. M. Keynes, with a particular focus on the theory of capital and interest rates. While in Keynes...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014518541

Energy constraints on macroeconomic paradigms

Kennedy, Christopher A. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015175378

Liquidity, the Mundell-Tobin effect, and the Friedman rule

Altermatt, Lukas; Wipf, Christian - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015116858

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Liquidity, the Mundell-Tobin effect, and the Friedman rule

Altermatt, Lukas; Wipf, Christian - 2020

Book / Working Paper

On the mechanics of fiscal inflations

Bassetto, Marco; Benzoni, Luca; Hall, Jason - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015054274

Правда об инфляции

Fix, Blair - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014481019

Lucas (1972) a personal view from the wrong side of the subsequent fifty years

Laidler, David E. W. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015445685

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Lucas (1972), a personal view from the wrong side of the subsequent fifty years

Laidler, David E. W. - 2021

Book / Working Paper

Lucas (1972): A personal view from the wrong side of the subsequent fifty years

Laidler, David E. W. - 2021

Book / Working Paper

Intersecting solutions to the two major crisis of capitalism : state capitalism

Kaya, Mehmet; Çokgüngör, Hatice Özkurt - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015422676

Keynesian and monetarist approaches to regulation of the labor market in the transition economies of EECCA countries

Sabyrzhan, Ali; Andarova, Rosa; Kanatbek, Aziz; Lisova, … - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012648461

The Department of Economics at the University of Chicago, 1947–1982

Harberger, Arnold C.; Edwards, Sebastian - 2021

This paper is about the Department of Economics at the University of Chicago, between 1947 and 1982. The paper has the form of a conversation between the two authors and covers issues such as the existence of a "Chicago School," the Department's governance, the personalities of some well-known...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012500434

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The Department of Economics at the University of Chicago, 1947-1982

Harberger, Arnold C.; Edwards, Sebastian - 2021

Book / Working Paper

The Department of Economics at the University of Chicago, 1947–1982

Harberger, Arnold C.; Edwards, Sebastian - 2021

Book / Working Paper

The Future of Monetarism after Milton Friedman

Bordo, Michael D. - 2026

On the fiftieth anniversary of Milton Friedman receiving the Nobel Prize in economics, I reflect on the legacy of monetarism - his revolutionary idea. Friedman developed the modern quantity of money in 1956 as a challenge to the prevailing Keynesian view that "money did not matter." Friedman's...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015593839

Managing a new policy framework: Paul Volcker, the St. Louis Fed, and the 1979-82 war on inflation

Kliesen, Kevin L.; Wheelock, David C. - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012306888

Brunner versus Friedman : diverging aspirations for the monetarist project

Clerc, Pierrick; De Vroey, Michel - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013203177

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Brunner versus Friedman: diverging aspirations for the monetarist project

Clerc, Pierrick; De Vroey, Michel - 2020

Book / Working Paper

Macro's missing link the unbridged gap between Monetarism and the Wicksell Connection

Laidler, David E. W. - 2023

Modern mainstream macroeconomics treats the economy “as if” always in equilibrium. Two older traditions, Monetarism and the Wicksell Connections have always dissented, arguing that how agents gather information and apply it to the co-ordination of their activities are prior problems...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014309072

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Macro's missing link the unbridged gap between Monetarism and the Wicksell Connection

Laidler, David E. W. - 2023

Book / Working Paper

Economic ideology as an innovative potential of the change process

Vasyliev, Sergii; Kysko, Artem; Nikolenko, Liudmyla - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015135884

Do High Interest Rates Reduce Inflation? A Test of Monetary Faith

Fix, Blair - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013541619

Interest Rates and Inflation: Knives Out

Fix, Blair - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014280676

Money and output asymmetry : the unintended consequences of central banks' obsession with inflation

Ghosh, Taniya; Gorsi, Abhishek - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015443385

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Money and Output asymmetry : the unintended consequences of central banks' obsession with inflation

Ghosh, Taniya; Gorsi, Abhishek - 2023

Book / Working Paper

How did Covid-19 affect the structural relationship between exchange rates and money supply? : Evidence from Malawi

Banda, Fredrick M.; Edriss, Abdi-Khalil - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014228452

Milton Friedman : an early advocate of dollarization?

Ocampo, Emilio - 2022 - Updated version: 22 August 2022

Milton Friedman's longstanding advocacy in favor of floating exchange rates has contributed to a mistaken belief that he opposed currency board regimes or outright dollarization. Nothing could be further from the truth. Over a period of almost five decades Friedman consistently made it clear...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013349951

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Milton Friedman : An Early Advocate of Dollarization?

Ocampo, Emilio - 2023

Book / Working Paper

The distinction between Keynesians and Monetarists makes no sense anymore

Teulings, Coen N. - 2023

This paper argues that the distinction between Keynesianism and Monetarism is not a useful frame for the debate on monetary policy during the past decade. The main driver of this debate is the secular decline in the real interest rates over the past four decades. It is more useful to distinguish...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014354668

CBDC and Business Cycle Dynamics in a New Monetarist New Keynesian Model

Assenmacher, Katrin; Bitter, Lea; Ristiniemi, Annukka - 2023

To study implications of an interest-bearing CBDC on the economy, we integrate a New Monetarist-type decentralised market that explicitly accounts for the means-of-exchange function of bank deposits and CBDC into a New Keynesian model with financial frictions. The central bank influences the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014354929

Physics Breakthrough Disproves Fundamental Assumptions of the Chicago School

Kenney, Cortelyou C. - 2023

Classical law and economics is foundational to the American legal system. Centered at the University of Chicago, with a reach touching nearly every law faculty and economics department in the country, its assumptions, most especially that humans act both rationally and selfishly, informs the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014260902

The Eurozone and Brexit

Miltimore, Stuart Medina; Mitchell, William - 2023

In this chapter, we will examine the viability of the European Union, with a particular focus on the Economic and Monetary Union (EMU) given the architectural flaws in the design of the common currency that have been exposed by the Global Financial Crisis, and, more recently, by the pandemic. We...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014330318

Waving the Swedish Flag in Economics : Festschrift for Hans-Michael Trautwein

2025

Part I. Monetary Macroeconomics -- Chapter 1. Macro’s Missing Links. Exploring the Space between Monetarism and the Wicksell Connection (David Laidler) -- Chapter 2. The problems of inflation targeting originate in the monetary theory of Knut Wicksell (Lars Jonung) -- Chapter 3. Price...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015394183

Divisia monetary aggregates, monetary policy and business cycle analysis

Raghavan, Mala - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617210

Milton Friedman and nominal income targeting

Horan, Patrick - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015401040

Two illustrations of the quantity theory of money reloaded

Gao, Han; Kulish, Mariano; Nicolini, Juan Pablo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015573825

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Two illustrations of the quantity theory of money reloaded

Gao, Han; Kulish, Mariano; Nicolini, Juan Pablo - 2020

Book / Working Paper

Two illustrations of the quantity theory of money reloaded

Gao, Han; Kulish, Mariano; Nicolini, Juan Pablo - 2021

Book / Working Paper

Central bank digital currency with heterogeneous bank deposits

Nyffenegger, Remo - 2022 - Revised version, March 2022

This paper analyses the effects of an introduction of a retail central bank digital currency (CBDC) on bank intermediation in a tractable general equilibrium model with heterogeneous bank deposits and an imperfectly competitive loan market. The agents in the economy have preferences over holding...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013256654

Is-Lm and Monetarism

Bordo, Michael D.; Schwartz, Anna Jacobson - 2022

This paper discusses monetarist objections to the IS-LM model. We explore the views of two principal spokesmen for monetarism: Milton Friedman and the team of Karl Brunner and Allan Meltzer. Friedman did not explicitly state the reasons he generally chose not to use the IS-LM model in rejecting...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013308345

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IS-LM and Monetarism

Bordo, Michael D. - 2003

Book / Working Paper

Some pleasant monetarist arithmetic

Darby, Michael R. - 1984

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10002059346

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Some Pleasant Monetarist Arithmetic

Darby, Michael R. - 2022

Book / Working Paper

Some Pleasant Monetarist Arithmetic

Darby, Michael R. - 1984

Book / Working Paper

Mind the Gap!—A Monetarist View of the Open-Economy Phillips Curve

Kabukcuoglu Dur, Ayşe; Martínez-García, Enrique - 2022

In many countries, inflation has become less responsive to domestic factors and more responsive to global factors over the past decades. We introduce money and credit into the workhorse open-economy New Keynesian model. With this framework, we show that: (i) an efficient forecast of domestic...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013308883

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Mind the Gap!—A Monetarist View of the Open-Economy Phillips Curve

Kabukcuoglu Dur, Ayşe - 2020

Book / Working Paper

Are Banks Technologically Obsolete? A New Monetarist Approach

Jimenez, Mathias - 2022

Given the current state of technology, agents could potentially deal with exchange by transferring directly Central Bank fiat monies. Are we close to private banks becoming “technologically obsolete” in the provision of payment services?. To provide insights into this question, we build a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013312115

The Chicago School and the Irrelevance of Predation

Giocoli, Nicola - 2022

Everybody knows that Chicago scholars dismissed predatory pricing as a practice of concern for antitrust law due to its alleged unprofitability, both relative and absolute. Many know that the dismissal dates back to the early years of the Chicago revolution in antitrust and has been reiterated...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013313547

Milton Friedman's views on method and money reconsidered in light of the housing bubble

Salerno, Joseph T. - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014309384

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Milton Friedman's Views on Method and Money Reconsidered in Light of the Housing Bubble

Salerno, Joseph T. - 2022

Book / Working Paper

What Would Milton Friedman Say About the Recent Surge in Money Growth?

Ireland, Peter N. - 2022

The M2 money supply has grown by almost 40% since 2019. This number by itself raises the strong possibility that we have entered a new and remarkable era in United States monetary history. But what would Milton Friedman say? Drawing on Friedman’s writings and a fresh look at the data on money,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014076899