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...em|fixed nominal exchange rate]]. Polak suggest explicit links between the monetary and external sectors. Polak results continue to form the theoretical bases ...1957), [http://EconPapers.repec.org/RePEc:pal:imfstp:v:6:y:1957:i:1:p:1-50 Monetary Analysis of Income Formation and Payments Problems], ''IMF Staff Papers'', ...

...mics]], '''divine coincidence''' refers to the property of [[New Keynesian economics|New Keynesian models]] that there is no trade-off between the stabilization ...put, inciting a central bank targeting inflation to engage in expansionary monetary policy, which thereby further increases output. These two effects balance i ...

{{Short description|Monetary economics equation}} ...ridge and classical, attempt to express a relationship among the [[Output (economics)|amount of goods produced]], the [[price level]], amounts of money, and how ...

IS-MP is an upgraded version that better reflects the impact of monetary policy and the central bank's role in managing the economy. [[Category:Monetary economics]] ...

...s|heterodox]] [[economic policy|economic]], [[fiscal policy|fiscal]], or [[monetary policy]], that predicts that a substantial level of [[inflation]] is harmle ...cularly within [[Keynesian economics]], as well as [[Monetarism|Monetarist economics]] and in the theory of [[debt deflation]]. ...

{{Short description|Mathematical framework in economics}} In [[economics]], '''search and matching theory''' is a mathematical framework attempting ...

...y been proposed in an article that appeared in the ''[[Journal of Monetary Economics]]'' in 1988,<ref name=KPR1998>{{cite journal |journal=Journal of Monetary Economics ...

...the time series. MDA is a popular metric for forecasting performance in [[economics]] and [[finance]].<ref>Pesaran, M. H., & Timmermann, A. (2004). How costly ...l movement of variable of interest. As an example in [[macroeconomics]], a monetary authority who wants to know the direction of the inflation, to raise or dec ...

..."Staggered Prices in a Utility-Maximizing Framework". Journal of Monetary Economics 12 (3): 383–398. doi:10.1016/0304-3932(83)90060-0</ref> The original artic ...responded and remained fixed. This contrasts with the [[Taylor Contracts (economics)|Taylor model]], where there is a fixed length for contracts - for example ...

...l uses the [[Euler method|Euler numerical method]] to model [[Consumption (economics)|consumption]]. He created his consumption theory in response to the [[Luca ...st=Albert|title=Does Consumption Take a Random Walk?|journal=The Review of Economics and Statistics|volume=74|number=4|year=1992|pages=607–614|doi=10.2307/21093 ...

...expectations]] cannot be systematically surprised by [[monetary policy]], monetary policy cannot be used to systematically influence the economy. ...ith a history of stable price levels exhibit larger effects in response to monetary policy than countries where prices have been volatile.<ref name="SnowdonVan ...

{{Short description|Macro model in economics}} ...lthough the model was first used to model wage setting, in [[New Keynesian economics|new Keynesian models]] that followed it was also used to model price-settin ...

{{short description|Unit of measurement for monetary quantities}} The '''wage unit''' is a unit of measurement for [[money|monetary]] quantities introduced by [[John Maynard Keynes|Keynes]] in his 1936 book ...

...ges=53–74 |doi=10.1017/S0266267100005113 }}</ref> Two of the main areas in economics where hysteresis effects are invoked to explain economic phenomena are [[un For instance, in labor economics hysteresis refers to the possibility that periods of high [[unemployment]] ...

In [[economics]], the '''loanable funds doctrine''' is a theory of the market interest rat ...level in order to obtain monetary variables, because credit comes also in monetary terms. ...

...zation-in-Low-and-Middle-Income-Countries-26010 |publisher=[[International Monetary Fund]] |access-date=26 May 2021 |language=en |date=1 June 2012}}</ref><ref> ...se.ua/wp-content/uploads/2019/02/khmurrych.pdf |publisher=[[Kyiv School of Economics]] |access-date=24 May 2021 |page=3 |date=May 1998}}</ref> The coefficient r ...

{{Short description|Concept in economics}} ...ity function''', is used to express [[utility]] in terms of [[consumption (economics)|consumption]] or some other economic variable that a decision-maker is con ...

...n model''' is a model that [[Positive economics|describes]] or [[Normative economics|prescribes]] the process of making decisions in a context in which the deci ...name=Thorn>{{cite book |editor-first=Richard S. |editor-last=Thorn |title=Monetary Theory and Policy |publisher=Random House |year=1966 |pages=172–191 }}</ref ...

...amic stochastic general equilibrium]] models, which are used in mainstream economics. ...Svenja Flechtner (eds.): ''Principles and Pluralist Approaches in Teaching Economics''. Routledge, London / New York 2019, pp. 243–255, [[doi:10.4324/9781315177 ...

...referred to as "money", this form of the theorem is referred to as the '''monetary separation theorem'''.) Thus mean-variance efficient portfolios can be for ...ref>Huang, Chi-fu, and Robert H. Litzenberger, ''Foundations for Financial Economics'', North-Holland, 1988.</ref>{{rp|ch.4}} ...