Money

A continuación, se listan los contenidos disponibles en el portal relacionados con la consulta.

  • On the Social Value of Banks

    Publicación |

    I compare the utility of individuals in an economy with and without banks.  To make the comparison interesting, the economy without banks has cashin-advance money that the individuals use for consumption and for precautionary (emergency) purposes and that firms use to pay their wage bill.…

  • A Nonlinear Specification of Demand for Narrow Money in Colombia

    Publicación |

    A nonlinear specification of demand for cash in Colombia A nonlinear specification of demand for cash in Colombia   By Luis E. Arango and Andrés González(1)