Assessing Sharia Monetary Instruments Against Country Economic Growth

Assessing economic and employment forecast basin tropical West Country by the shift share model

Economic growth in the three sectors in each region Show progress and economic development of the region. Economic growth and development of the region can be achieved when given to each section in place. So the formulation of an economic program for employment and sustainable development requires a good understanding of the situation and the economic advantages of the region. This research by...

A Discrete Monetary Economic Growth Model with the MIU Approach

This paper proposes an alternative approach to economic growth with money. The production side is the same as the Solow model, the Ramsey model, and the Tobin model. But we deal with behavior of consumers differently from the traditional approaches. The model is influenced by the money-inthe-utility MIU approach in monetary economics. It provides a mechanism of endogenous saving which the Solow...

Monetary Policy and Economic Growth under Money Illusion∗

Empirical and experimental evidence documents that money illusion is persistent and widespread. This paper incorporates money illusion into two stochastic continuous-time monetary models of endogenous growth. Motivated by psychology, we model an agent’s money illusion behavior by assuming that he maximizes nonstandard utility derived from both nominal and real quantities. Money illusion affects...

Monetary policy transmission channels and policy instruments ∗

The Federal Reserve has implemented policies during the past six years that rely on channels of transmission to the real economy that economic models have assumed to exist but seldom tested or on channels that were simply presumed not to exist. I discuss the board channels of monetary policy transmission that may allow forward guidance and balance sheet policies to affect the economy. The assum...

Response: Assessing the Instruments