A general theory of money

  1. Treadway, Arthur B.
Revista:
Documentos de Trabajo (ICAE)

ISSN: 2341-2356

Año de publicación: 1998

Número: 11

Páginas: 1-35

Tipo: Documento de Trabajo

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Otras publicaciones en: Documentos de Trabajo (ICAE)

Resumen

This General Theory of Money (GTM) is proposed as an appropriate Conceptual Model (CM) for any contemporary empirical time series analysis involving a measured variable corresponding to the conceptual variable of the aggregate nominal guantity of money. It is relevantly more general thanexisting CM's for fue same purposes. Two illustrative empirical analyses relating to the demand and supplay of money in the Spanish economy are summarized and an altemative CM, popular in the contemporary neutrality testing literature, is critically compared with this GTM. (JEL E40).

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