A Review of Monetarism
Journal of Economic and Social Thought
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Title |
A Review of Monetarism
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Creator |
HON, Tai-Yuen; Department of Economics and Finance Hong Kong Shue Yan University Braemar Hill, North Point Hong Kong |
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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.
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Publisher |
Journal of Economic and Social Thought
Journal of Economic and Social Thought |
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Contributor |
—
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Date |
2015-12-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.kspjournals.org/index.php/JEST/article/view/552
10.1453/jest.v2i4.552 |
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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 |
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Language |
eng
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Relation |
http://www.kspjournals.org/index.php/JEST/article/view/552/631
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Rights |
Copyright (c) 2015 Journal of Economic and Social Thought
http://creativecommons.org/licenses/by-nc/4.0 |
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