Money and General Equilibrium

  • Louise Davidson

Abstract

In order to have a meaningful discussion of whether the concept of money can be given a meaningful role in any general equilibrium theory, it is essential to explain specifically what is meant by ‘money’ and what is meant by a ‘general equilibrium’ (hereafter GE) system. Much of the confusion in professional discussions occurs because these terms are often used differently by different economists — and unfortunately even by the same economist to mean different things at different times and places.

Keywords

Depression Income Marketing Assure Sine 

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Copyright information

© Paul Davidson 1990

Authors and Affiliations

  • Louise Davidson

There are no affiliations available

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