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Money in the utility function: Functional equivalence to a shopping-time model
13 references·0 citing·43 second hop
Money in the utility function: Functional equivalence to a shopping-time model (1993)Money in the utility function: Functional…Transactions Costs and the Demand for Money (2016)Transactions Costs and the De…The Transition From Barter to Fiat Money (1994)The Transition From Barter to…Lectures on Macroeconomics. (1990)Lectures on Macroeconomics.Lectures on Macroeconomics. (1990)Lectures on Macroeconomics.Inflation, Employment, and Welfare in the Presence of Transactions Costs (1986)Inflation, Employment, and We…Functional equivalence between liquidity costs and the utility of money (1986)Functional equivalence betwee…Models of Monetary Economies. (1981)Models of Monetary Economies.Time consistency and optimal government policies in perfect foresight equilibrium (1980)Time consistency and optimal …The optimal rate of inflation revisited (1979)The optimal rate of inflation…INFLATION IN THE THEORY OF PUBLIC FINANCE (1979)INFLATION IN THE THEORY OF PU…MONEY AND THE PRODUCTION FUNCTION (1974)MONEY AND THE PRODUCTION FUNC…Money and Growth: The Case of Long Run Perfect Foresight (1974)Money and Growth: The Case of…Inflation in the Theory of Public Finance (1973)Inflation in the Theory of Pu…A Program for Monetary Stability (1961)Aggregate Demand Management in Search Equilibrium (1982)On Money as a Medium of Exchange (1989)Government Transaction Policy, Media of Exchange, and Prices (1998)Money in a Globalized World (2000)New Monetarist Economics (2010)A Contribution to the Theory of Taxation (1927)Essays in Positive Economics (1954)Time Consistency of Fiscal and Monetary Policy (1987)Economic and Monetary Union in Europe (1992)Fiscal Policy and Long-Run Growth (1997)Optimal Taxation and Public Production I: Production Eficiency (2016)Foundations of Economic Analysis (1948)Foundations of Economic Analysis. (1948)The Transactions Demand for Cash: An Inventory Theoretic Approach (1952)A Monetary Explanation of the Equity Premium, Term Premium, and Risk-Free Rate Puzzles (1996)Timing and real indeterminacy in monetary models (2001)On the equivalence of private and public money (2019)Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)MACROECONOMIC POLICY EVALUATION AND OPTIMAL CONTROL THEORY: A CRITICAL REVIEW OF SOME RECENT DEVELOPMENTS (1987)Dynamic pollution regulation (1995)Robert Lucas, Recipient of the 1995 Nobel Memorial Prize in Economics (1996)The Interest-Elasticity of Transactions Demand For Cash (1956)A Model of the Demand for Money by Firms (1966)The Role of Overlapping-Generations Models in Monetary Economics (1982)Demand for Money: Theoretical Studies (1989)Money and Endogenous Growth (1994)The Allocation of Investment in a Dynamic Economy (1967)Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets (1972)On Non-Uniqueness in Rational Expectations Models: An Attempt at Perspective (1981)On non-uniqueness in rational expectations models (1983)On Testing for Speculative Bubbles (1990)Economic Growth and Convergence across The United States (1990)The Theory of Incentives: The Principal-Agent Model (2001)On the Empirics of Foreign Aid and Growth (2004)A contribution to the pure theory of money (1991)Money, credit and banking (2006)The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach (1977)Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661. (1989)When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies (2004)An Aging Society: Opportunity or Challenge? (1990)Price-level determinacy without control of a monetary aggregate (1995)Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem? (2000)
this work references cited by second hop

References

  • 1990Lectures on Macroeconomics.1,252 cited
  • 1990Lectures on Macroeconomics.924 cited
  • 1986Functional equivalence between liquidity costs and the utility of money616 cited
  • 1974Money and Growth: The Case of Long Run Perfect Foresight485 cited
  • 1973Inflation in the Theory of Public Finance410 cited
  • 1981Models of Monetary Economies.392 cited
  • 1979INFLATION IN THE THEORY OF PUBLIC FINANCE336 cited
  • 1974MONEY AND THE PRODUCTION FUNCTION171 cited
  • 1994The Transition From Barter to Fiat Money102 cited
  • 1980Time consistency and optimal government policies in perfect foresight equilibrium99 cited
  • 2016Transactions Costs and the Demand for Money96 cited
  • 1986Inflation, Employment, and Welfare in the Presence of Transactions Costs50 cited
  • 1979The optimal rate of inflation revisited46 cited

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