Abstract
This chapter provides exercises for modelling money in long-run growth models, especially Money-in-the-Utility and Cash-in-Advance models. Further exercises discuss the welfare-improving role of money and the cost of inflation. Solutions are provided for selected exercises.
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References
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Cao, J., Illing, G. (2019). Money and Long Run Growth. In: Instructor's Manual for Money: Theory and Practice. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-23618-2_2
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DOI: https://doi.org/10.1007/978-3-030-23618-2_2
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