Monetary disequilibrium

Monetary disequilibrium
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  • Monetary-disequilibrium theory — is basically a product of the Monetarist school mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium(disequilibrium) was however defined in terms of an individual s demand for… …   Wikipedia

  • Monetary Disequilibrium Theory — The Monetary Disequilibrium Theory presents an alternative to the more popular and widely coveted Real business cycle model and the quantity theory of money consideredas only a long run theory of the price level. While most economists can agree… …   Wikipedia

  • Monetary economics — Economics …   Wikipedia

  • Monetary Approach to The Balance of Payments — refers to the key ideas and subsequent research of David Hume conducted in the late 1950s, the 1960s and early 1970s. David Hume presented the price–specie flow mechanism against the Mercantilist approach that stated favorable balance of trade is …   Wikipedia

  • International Monetary Fund — an international organization that promotes the stabilization of the world s currencies and maintains a monetary pool from which member nations can draw in order to correct a deficit in their balance of payments: a specialized agency of the… …   Universalium

  • Clark Warburton — (27 January 1896, near Buffalo, New York – 18 September 1979, Fairfax, Virginia) was an American economist. He was described as the first monetarist of the post World War II period, [1] the most uncompromising upholder of a strictly monetary… …   Wikipedia

  • Sticky (economics) — Sticky, in the social sciences and particularly economics, describes a situation in which a variable is resistant to change.[citation needed] Sticky prices are an important part of macroeconomic theory since they may be used to explain why… …   Wikipedia

  • Inflation — This article is about a rise in the general price level. For the expansion of the early universe, see Inflation (cosmology). For other uses, see Inflation (disambiguation). Inflation rates around the world in 2007 …   Wikipedia

  • Жёсткость (экономика) — У этого термина существуют и другие значения, см. Жёсткость (значения). Жёсткость способность экономических величин сопротивляться изменениям. Например, часто говорят, что номинальные зарплаты жестки в краткосрочном периоде. Рыночные силы могут… …   Википедия

  • Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …   Wikipedia

  • Neutrality of money — is the idea that a change in the stock of money affects only nominal variables in the economy such as prices, wages and exchange rates, with no effect on real (inflation adjusted) variables, like employment, real GDP, and real consumption.[1]… …   Wikipedia

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