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Showing 1 to 1 of 1 for “"NEUTRALITY OF MONEY"”.
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ΕΛΕΓΧΟΣ ΤΗΣ ΟΥΔΕΤΕΡΟΤΗΤΟΣ ΤΟΥ ΧΡΗΜΑΤΟΣ Σ' ΕΝΑ ΜΑΚΡΟΟΙΚΟΝΟΜΙΚΟ ΥΠΟΔΕΙΓΜΑ ΤΗΣ ΕΛΛΗΝΙΚΗΣ ΟΙΚΟΝΟΜΙΑΣ ΥΠΟ ΚΑΘΕΣΤΩΣ ΟΡΘΟΛΟΓΙΚΩΝ ΠΡΟΒΛΕΨΕΩΝ: 1954-1980
… FROM 1954 TO 1980,A SMALL NEOCLASSICAL MODEL OF THE GREEK ECONOMY. THE MODEL IS "MONETARIST" ASTHE DEMAND FOR OUTPUT IS DERIVED FROM THE DEMAND FOR MONEY FUNCTION. IN THIS MODEL OUTPUT IS AFFECTED ONLY BY ACTUAL AND ANTICIPATED MONETARY GROWTH WHEREAS THE PRICE LEVEL IS INFLUENCED BY BOTH …