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The Sub-Optimality of the Friedman Rule and the Optimum Quantity of Money
16 references·1 citing·40 second hop
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this work references cited by second hop

References

  • 1986Increasing Returns and Long-Run Growth20,133 cited
  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 1993Finance and Growth: Schumpeter Might Be Right8,651 cited
  • 1936The General Theory of Employment, Interest and Money, by John Maynard Keynes6,220 cited
  • 1993Finance, entrepreneurship and growth3,546 cited
  • 1999Financial Intermediation and Growth: Causality and Causes1,154 cited
  • 1997Financial markets in development, and the development of financial markets918 cited
  • 1995Inflation Crises and Long-Run Growth891 cited
  • 2001Threshold Effects in the Relationship between Inflation and Growth797 cited
  • 1994Monetary policy and price level determinacy in a cash-in-advance economy753 cited
  • 1979INFLATION IN THE THEORY OF PUBLIC FINANCE336 cited
  • 1995The long-run relationship between inflation and output in postwar economies326 cited
  • 1996Currency Elasticity and Banking Panics: Theory and Evidence275 cited
  • 1996Optimality of the Friedman rule in economies with distorting taxes241 cited

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1986
The optimum quantity of money rule in the theory of public finance
211 cited

Cited by

  • 2004Optimal monetary policy in an economy with incomplete markets and idiosyncratic risk72 cited