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The complete complementarity of consumption and real balances and the strong superneutrality of money

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  • Hayakawa, Hiroaki

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  • Hayakawa, Hiroaki, 1995. "The complete complementarity of consumption and real balances and the strong superneutrality of money," Economics Letters, Elsevier, vol. 48(1), pages 91-97, April.
    • Handle: RePEc:eee:ecolet:v:48:y:1995:i:1:p:91-97
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    1. Stockman, Alan C., 1981. "Anticipated inflation and the capital stock in a cash in-advance economy," Journal of Monetary Economics, Elsevier, vol. 8(3), pages 387-393.
    2. Hayakawa, Hiroaki, 1991. "On the rate of time preference under recursive preferences," Economics Letters, Elsevier, vol. 36(4), pages 347-354, August.
    3. Feenstra, Robert C., 1986. "Functional equivalence between liquidity costs and the utility of money," Journal of Monetary Economics, Elsevier, vol. 17(2), pages 271-291, March.
    4. Epstein, Larry G & Hynes, J Allan, 1983. "The Rate of Time Preference and Dynamic Economic Analysis," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 611-635, August.
    5. Wang, Ping & Yip, Chong K, 1992. "Alternative Approaches to Money and Growth," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(4), pages 553-562, November.
    6. Wan, Henry, 1970. "Optimal Saving Programs under Intertemporally Dependent Preferences," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 11(3), pages 521-547, October.
    7. Hayakawa, Hiroaki, 1992. "The non-neutrality of money and the optimal monetary growth rule when preferences are recursive: Cash-in-advance vs. money in the utility function," Journal of Macroeconomics, Elsevier, vol. 14(2), pages 233-266.
    8. Epstein, Larry G., 1987. "A simple dynamic general equilibrium model," Journal of Economic Theory, Elsevier, vol. 41(1), pages 68-95, February.
    9. Weil, Philippe, 1991. "Is Money Net Wealth?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(1), pages 37-53, February.
    10. Hayakawa, Hiroaki & Ishizawa, Suezo, 1993. "On the role of generating functions when preferences are recursive," Economics Letters, Elsevier, vol. 41(1), pages 41-45.
    11. Orphanides, Athanasios & Solow, Robert M., 1990. "Money, inflation and growth," Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 1, chapter 6, pages 223-261, Elsevier.
    12. Epstein, Larry G, 1987. "The Global Stability of Efficient Intertemporal Allocations," Econometrica, Econometric Society, vol. 55(2), pages 329-355, March.
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    Cited by:

    1. Been-Lon Chen & Mei Hsu & Chia-Hui Lu, 2008. "Inflation and Growth: Impatience and a Qualitative Equivalence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(6), pages 1309-1323, September.
    2. Provost, Serge B. & Cheong, Young-Ho, 1998. "The Probability Content of Cones in Isotropic Random Fields," Journal of Multivariate Analysis, Elsevier, vol. 66(2), pages 237-254, August.
    3. Noriega, Antonio E. & Soria, Luis M. & Velázquez, Ramón, 2008. "International evidence on stochastic and deterministic monetary neutrality," Economic Modelling, Elsevier, vol. 25(6), pages 1261-1275, November.
    4. R. Velazquez & Noriega & A., 2004. "International evidence on monetary neutrality under broken trend stationary models," Computing in Economics and Finance 2004 282, Society for Computational Economics.
    5. Kenji Miyazaki, 2012. "Inflation, Growth, and Impatience in a Generalized Cash-in-Advance Economy," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 3(3), pages 2-7, July.
    6. Miyazaki, Kenji, 2013. "On recursive utility and the superneutrality of money," Economic Modelling, Elsevier, vol. 32(C), pages 483-487.
    7. Noriega, Antonio E., 2004. "Long-run monetary neutrality and the unit-root hypothesis: further international evidence," The North American Journal of Economics and Finance, Elsevier, vol. 15(2), pages 179-197, August.

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