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A Review of Monetarism

Journal of Economic and Social Thought

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Field Value
 
Title A Review of Monetarism
 
Creator HON, Tai-Yuen; Department of Economics and Finance
Hong Kong Shue Yan University
Braemar Hill, North Point
Hong Kong
 
Description 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.Keywords. Monetarism, Money, Income, Price, Exchange rates.JEL. B20, B22.
 
Publisher Journal of Economic and Social Thought
Journal of Economic and Social Thought
 
Contributor
 
Date 2015-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEST/article/view/552
10.1453/jest.v2i4.552
 
Source Journal of Economic and Social Thought; Vol 2, No 4 (2015): December; 300-308
Journal of Economic and Social Thought; Vol 2, No 4 (2015): December; 300-308
2149-0422
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEST/article/view/552/631
 
Rights Copyright (c) 2015 Journal of Economic and Social Thought
http://creativecommons.org/licenses/by-nc/4.0