A review of monetarism

HON Tai Yuen, Kurt

A review of monetarism

Author(s)

HON Tai Yuen, Kurt

Date Issued

2015

Publisher

Istanbul : KSP Journals

Journal

Journal of Economic and Social Thought

ISSN

2149-0422

Citation

Journal of Economic and Social Thought, 2015, vol. 2(4), pp. 300-308.

URI

http://hdl.handle.net/20.500.11861/2609

Description

Open access
This article was published in "Journal of Economic and Social Thought" in Vol. 2, Issue 4, p. 300-308.

Includes bibliographical references.

9 p.

Type

Peer Reviewed Journal Article

Abstract

This paper is focused on a review of causality relationship between money, income, price and exchange rate. It reviews both the theoretical as well as empirical literature relevant to monetarism. The view insists on quantity theory of money, rational expectations, expectations and the neutrality of money, unanticipated money growth and unemployment, monetary policy game basic model, central bank behavior and credibility, sticky-price monetary model and vicious circle view of the international monetary system.

Subjects

Monetarism

Money

Income

Price

Exchange Rates

File(s)

Name

T.Y.Hon_JEST2015v2n4.pdf

Size

482.04 KB

Format

Adobe PDF

Checksum

(not present)

(MD5):5eb139e9fd80736c0cb40539144943a8

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A review of monetarism

Availability at HKSYU Library