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The optimum quantity of money: theory and evidence Author info | Abstract | Publisher info | Download info | Related research | Statistics Casey B. Mulligan
Xavier X. Sala-i-Martin
Frederic S. Mishkin
Jonas D. M. Fisher
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Article provided by Federal Reserve Bank of Cleveland in its journal Proceedings .
Volume (Year): (1997)
Issue (Month): ()
Pages: 687-724
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Handle: RePEc:fip:fedcpr:y:1997:p:687-724Contact details of provider: Postal: 1455 East 6th St., Cleveland OH 44114 Phone: 216.579.2000 Web page: http://www.clevelandfed.org/ More information through EDIRC
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Keywords: Monetary theory ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Lucas, Robert Jr. & Stokey, Nancy L., 1983.
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Casey B. Mulligan & Xavier Sala-i-Martin, 1996.
"Adoption of Financial Technologies: Implications for Money Demand and Monetary Policy ,"
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Other versions: Mulligan, Casey B, 1997.
"Scale Economies, the Value of Time, and the Demand for Money: Longitudinal Evidence from Firms ,"
Journal of Political Economy ,
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Feenstra, Robert C., 1986.
"Functional equivalence between liquidity costs and the utility of money ,"
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Lucas, Robert E, Jr & Stokey, Nancy L, 1987.
"Money and Interest in a Cash-in-Advance Economy ,"
Econometrica ,
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Other versions: Guidotti, Pablo E. & Vegh, Carlos A., 1993.
"The optimal inflation tax when money reduces transactions costs : A reconsideration ,"
Journal of Monetary Economics ,
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Braun, R. Anton, 1994.
"How large is the optimal inflation tax? ,"
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King, Robert G., 1988.
"Money demand in the United States: A quantitative review ,"
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Martin Feldstein, 1997.
"The Costs and Benefits of Going from Low Inflation to Price Stability ,"
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Other versions: Mroz, Thomas A, 1987.
"The Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions ,"
Econometrica ,
Econometric Society, vol. 55(4), pages 765-99, July.
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Other versions: Sala-i-Martin, X. & Mulligan, C.B., 1992.
"U.S. Money Demand: Surprising Cross-Sectional Estimates ,"
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671, Yale - Economic Growth Center.
Other versions: Karni, Edi, 1973.
"The Transactions Demand for Cash: Incorporation of the Value of Time into the Inventory Approach ,"
Journal of Political Economy ,
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Kimbrough, Kent P., 1986.
"The optimum quantity of money rule in the theory of public finance ,"
Journal of Monetary Economics ,
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Orazio Attanasio & Luigi Guiso & Tuillo Jappelli, 1998.
"The Demand for Money, Financial Innovation, and the Welfare Cost of Inflation: An Analysis with Household Data ,"
NBER Working Papers
6593, National Bureau of Economic Research, Inc.
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Attanasio, Orazio & Guiso, Luigi & Jappelli, Tullio, 1998.
"The Demand for Money, Financial Innovation and the Welfare Cost of Inflation: An Analysis with Households' Data ,"
CEPR Discussion Papers
1927, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Orazio Attanasio & Luigi Guiso & Tullio Jappelli, 1998.
"The Demand for Money, Financial Innovation, and the Welfare Cost of Inflation: An Analysis with Households' Data ,"
CSEF Working Papers
03, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!] Orazio P. Attanasio & Luigi Guiso & Tullio Jappelli, 2002.
"The Demand for Money, Financial Innovation, and the Welfare Cost of Inflation: An Analysis with Household Data ,"
Journal of Political Economy ,
University of Chicago Press, vol. 110(2), pages 317-351, April.
[Downloadable!] (restricted) Song Han & Casey B. Mulligan, 2008.
"Inflation and the size of government ,"
Review ,
Federal Reserve Bank of St. Louis, issue May, pages 245-267.
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Other versions: Gary S. Becker & Casey B. Mulligan, 1998.
"Deadweight Costs and the Size of Government ,"
NBER Working Papers
6789, National Bureau of Economic Research, Inc.
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Other versions:
Gary S. Becker & Casey B. Mulligan, 1998.
"Deadweight Costs and the Size of Government ,"
University of Chicago - George G. Stigler Center for Study of Economy and State
144, Chicago - Center for Study of Economy and State.
[Downloadable!] Becker, Gary S & Mulligan, Casey B, 2003.
"Deadweight Costs and the Size of Government ,"
Journal of Law & Economics ,
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Michael R. Pakko, 1998.
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Beatrix Paal & Bruce D. Smith, 2001.
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Joseph H. Haslag & Eric R. Young, 1998.
"Money Creation, Reserve Requirements, and Seigniorage ,"
Review of Economic Dynamics ,
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"Shoe-leather costs of inflation and policy credibility ,"
Review ,
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Pedro Teles, 2003.
"The optimal price of money ,"
Economic Perspectives ,
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Fiorella de Fiore, 2000.
"Can indeterminacy explain the short-run non-neutrality of money? ,"
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32, European Central Bank.
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Matt Klaeffling & Victor Lopez Perez, 2003.
"Inflation targets and the liquidity trap ,"
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Boel, Paola & Camera, Gabriele, 2004.
"Efficient Monetary Allocations and the Illiquidity of Bonds ,"
Purdue University Economics Working Papers
1171, Purdue University, Department of Economics.
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Fiorella de Fiore, 2000.
"The optimal inflation tax when taxes are costly to collect ,"
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38, European Central Bank.
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William T. Gavin & Finn E. Kydland, 1997.
"Endogenous money supply and the business cycle ,"
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1995-010, Federal Reserve Bank of St. Louis.
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Other versions: Robert Dittmar & William T. Gavin & Finn E. Kydland, 2004.
"Inflation persistence and flexible prices ,"
Working Papers
2001-010, Federal Reserve Bank of St. Louis.
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Robert Dittmar & William Gavin & Finn Kydland, 2002.
"Inflation Persistence and Flexible Prices ,"
Computing in Economics and Finance 2002
190, Society for Computational Economics.
Robert D. Dittmar & William T. Gavin & Finn E. Kydland, 2005.
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International Economic Review ,
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[Downloadable!] (restricted) James McAndrews & William Roberds, 1999.
"A general equilibrium analysis of check float ,"
Staff Reports
84, Federal Reserve Bank of New York.
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James McAndrews & William Roberds, 1997.
"A general equilibrium analysis of check float ,"
Working Paper
97-4, Federal Reserve Bank of Atlanta.
[Downloadable!] McAndrews, James & Roberds, William, 1999.
"A General Equilibrium Analysis of Check Float ,"
Journal of Financial Intermediation ,
Elsevier, vol. 8(4), pages 353-377, October.
[Downloadable!] (restricted) Harashima, Taiji, 2007.
"The Optimal Quantity of Money Consistent with Positive Nominal Interest Rates ,"
MPRA Paper
1839, University Library of Munich, Germany, revised 19 Feb 2007.
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Joydeep Bhattacharya & Joseph H. Haslag, 2001.
"On the Use of the Inflation Tax When Nondistortionary Taxes Are Available ,"
Review of Economic Dynamics ,
Elsevier for the Society for Economic Dynamics, vol. 4(4), pages 823-841, October.
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