The Foundations of Money Illusion in a Neoclassical Micro-Monetary Model.

This article discusses the microeconomic foundations of money illusion. Within a general neoclassical micro-monetary model of individual utility maximization, where money and commodity prices enter the objectives function, it is important to provide general conditions for the existence of demand fun...

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Detalles Bibliográficos
Publicado en:American Economic Review Vol. 64; no. 1; pp. 115 - 123
Autores principales: Dusansky, Richard, Kalman, Peter J.
Formato: Artículo
Publicado: American Economic Association Mar1974
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Acceso en línea:Ver este registro en EBSCOhost