The market for money and the market for credit Theory, evidence and implications for Dutch monetary policy
In most Keynesian-type macroeconomic models the financial sector is modelled in terms of money demand, money supply and money market equilibrium. The market equations for private and government debt, i.e. credit, are implicit in these models by virtue of Walras' Law and need not be explicitly s...
| Main Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
New York, NY
Springer US
1977, 1977
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| Edition: | 1st ed. 1977 |
| Subjects: | |
| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- 1. Introduction
- 2. The markets for money and credit in an open economy
- 2.1. The balance sheets
- 2.2. The supply of money and credit: proximate determinants
- 2.3. The demand for and supply of money and credit: ultimate determinants
- 2.4. Money and credit: a summary of the model and some policy implications
- 3. The Dutch money and credit market: an empirical analysis 1961-I – 1972-IV
- 3.1. Introduction
- 3.2. Regression results
- 3.3. Behavioral elasticities
- 3.4. Policy implications
- 4. Summary and conclusions
- Appendix: Description of the data and list of instrumental variables
- References
- Notes
- Index of names
- Index of subjects