This class was created by Brainscape user Ari Heiy. Visit their profile to learn more about the creator.
By:
Ari Heiy
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Decks in this class (12)
Ch 2 - The nature of money
What is money,
What are the 4 functions of money,
Name 4 types of money
11
cards
Ch 3 - The demand for money
Why do we need money,
Name 4 determinants for money dem...,
What are the 3 motives for money ...
22
cards
Ch 4 - The supply of money
What is the main service of a bank,
Why do financial intermediaries e...,
What is base money high powered m...
16
cards
Ch 5 - Classical theory
What is the equation of exchange,
What is velocity of circulation,
Name 3 assumptions in the quantit...
15
cards
Ch 6 - Stylised facts
Most macroeconomic time series ca...,
The trend component is mainly dri...,
Business cycles are fluctuations ...
15
cards
Ch 7 - Money, inflation and welfare
Neutrality is typically a _______...,
What is money neutrality,
What is superneutrality
20
cards
Ch 8 - Classical models and the monetary policy
What are the key assumptions of t...,
All a change in the nominal money...,
Real business cycle theory extend...
11
cards
Ch 9 - Keynesian models with money supply as a policy instrument
When the price level increases th...,
A monetary expansion has real eff...,
In the lr a monetary expansion on...
12
cards
Ch 10 - New Keynesian models of monetary policy
What are the core assumptions in ...,
What are the 3 elements in the ne...,
The mr line shows the _______ the...
11
cards
Ch 11- Time inconsistency and inflation bias
What is inflation bias,
The inflation bias is increasing ...,
What is the level of inflation bi...
4
cards
Ch 12 - Monetary policy and data/parameter uncertainities
Final value announced,
Final revision,
What are 3 reasons for revisons
8
cards
Ch 13 - The term structure of interest rates
What is yield to maturity,
What the a yield curve,
Why do policymakers not set long ...
5
cards
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Monetary Economics
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