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Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 CHAPTER 1 money and asset holding.

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Presentation on theme: "Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 CHAPTER 1 money and asset holding."— Presentation transcript:

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2 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 CHAPTER 1 money and asset holding

3 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 21.1a Velocities of Circulation

4 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 21.1b Velocities of Circulation

5 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 21.2 Trips to the Bank and Average Money Holdings

6 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 21.3 Inventory Management Costs

7 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 21.4 M1 Velocity and Interest Rates

8 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 21.5 M2+ Velocity and Interest Rates

9 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 21.6 Financial Innovation and Aggregate Fluctuations

10 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Table 21.1 Opportunity cost of holding money

11 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Table 21.2 The Inventory Theory of the Demand for Money

12 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Table 21.3 A Thumbnail Sketch of Financial Innovation Affecting the Demand for Money


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