| Topics of papers | Author and year |
|---|
| Commodity and fiat money, model to show endogenous money as a medium of exchange | |
| Historical money as a unit of account, use of coins for taxation. Money as a debt instrument. | |
| Store of value money in overlapping generations model | |
| Criticism of Wallace: other stores of value, transition of wealth from old to young, social security, public good element of money | |
| Evidence for Cartalist view and Mengerian view of money. Extension to Optimal Currency Areas | |
| Dominant international currencies | |
| Double coincidence of wants | |
| Quantity theory of money and money demand in a portfolio | |
| Historical close (and stable) relationship between money and nominal variables. Use of large shocks to impose causality | |
| Liquidity preference; transactions, precautionary and speculative motive. Saving/investment curves problems. Importance of the speculative motive in monetary policy | |
| Money demand model updated for newer UK data, structural breaks | |
| Evolution of money demand theories including Baumol-Tobin, structural breaks in money demand functions | |
| Money balances as a buffer stock | |
| Cost-push and wage-push inflation debate | |
| Bresciani-Turroni and author debate about German hyperinflation: quantity theory vs exchange rate. Steps in which the Reichmark lost its money roles | |
| Quantity theory equation | |
| High correlation of trending variables | |
| | Topics of papers | Author and year |
|---|
| Reserves supply and demand model, floor and ceiling on Fed Funds rate, USA policy setting, discount window and reserve requirements | |
| Fractional reserve banking and endogenous money | |
| Review of Dow and Saville paper: nominal variables influence money, credit rationing | |
| Difficult to separate monetary policy effects, especially when fiscal policy also operates,the 'corset' and counterfactual simulation. 80s economic history: currency, unemployment | |
| Lawson Boom of the late 80s: stable money growth, deregulation, relaxed policy, falling oil prices | |
| Exchange Rate Mechanism structure and history: why Britain failed to stay in | |
| 16th century Great Inflation and the causes debate: currency debasement, gold imports (Bodin), foreign demand | |
| Mechanism of monetary policy transmission channels | |
| Change in monetary policy effectiveness over time. Interest rate channel, problem of endogenous policy when measuring channel effects | |
| House prices in the UK transmission mechanism | |
| Balance sheet and bank lending channels and their relation to the EFP. Interest rate channel insufficiency | |
| Financial accelerator and the credit channel (composed of balance sheet and bank lending channels again). Screening and monitoring role of banks, does accelerator only affect the s | |
| 'Capital channel', Great Depression example and Basel | |
| US panel data to test bank lending channel, study balance sheets. Test the effect of liquidity constraints on small banks. Study bias and aggregation problems | |
| Aggregation of the above study data. Bank in a holding company result implies individual bank financial constraints, but overall effect is weak | |
| Financial accelerator and persistence, flight to quality. Panel data study on sales growth | |
| Pecking Order Hypothesis | |
|
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