neutrality of money การใช้

• "' Superneutrality of money "'is a stronger property than neutrality of money.
• Furthermore, some New Keynesian models confirm the non-neutrality of money under several conditions.
• Neutrality of money has been a central question for monetarism.
• Different theories can be judged by their implied ideas as to the neutrality of money.
• Consequently, they will not adjust production and the neutrality of money occurs even in the short-run.
• When neutrality of money coincides with zero population growth, the economy is said to rest in " steady-state equilibrium ".
• However, based on sticky prices and other rigidities, the synthesis does not embrace the complete neutrality of money proposed by earlier new classical economists.
• With his 1972 paper on the non-neutrality of money, he had used high-tech math to bring into sharper focus the role of individuals'expectations in economic life.
• It also emphatically rejects the neutrality of money, believing instead that the money supply and its growth or decline are critical to the functioning of the economy.
• Post-Keynesian economics and monetary circuit theory reject the neutrality of money, instead emphasizing the role that bank lending and credit play in the creation of bank money.
• Keynes's biographer Robert Skidelsky writes that the post-Keynesian school has remained closest to the spirit of Keynes's work in following his monetary theory and rejecting the neutrality of money.
• It was in 1972 that Robert Lucas of the University of Chicago succeeded in publishing a highly technical and mathematical paper called " Expectations and the Neutrality of Money . " ( It was rejected by the leading journal of the day . ) The global inflation rate was barely creeping up; its dizzying OPEC phase was still a year away.
• Thus Say's law, in its original concept, was not intrinsically linked nor logically reliant on the neutrality of money ( as has been alleged by those who wish to disagree with it ), because the key proposition of the law is that no matter how much people save, production is still a possibility, as it is the prerequisite for the attainment of any additional consumption goods.