Almost half a century has elapsed since the demand for money began to attract widespread attention from economists and econometricians, and it has been a topic

This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the publi

A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been co

John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is un