real balances effect

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• Pigou effect — The Pigou effect is an economics term that refers to the stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation. Wealth was defined by Arthur Cecil Pigou as… …   Wikipedia

• Coriolis effect — For the psychophysical perception effect, see Coriolis effect (perception). Classical mechanics Newton s Second Law …   Wikipedia

• Mundell-Tobin effect — The Mundell Tobin effect suggests that nominal interest rates would rise less than one for one with inflation because in response to inflation the public would hold less in money balances and more in other assets, which would drive interest rates …   Wikipedia

• Mundell–Tobin effect — The Mundell–Tobin effect suggests that nominal interest rates would rise less than one for one with inflation because in response to inflation the public would hold less in money balances and more in other assets, which would drive interest rates …   Wikipedia

• money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …   Universalium

• Demand for money — The demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits. It can refer to the demand for money narrowly defined as M1 (non interest bearing holdings), or for money in the broader sense… …   Wikipedia

• Mundell-Fleming model — The Mundell Fleming model is an economic model first set forth by Robert Mundell and Marcus Fleming. The model is an extension of the IS LM model. Whereas IS LM deals with economy under autarky, the Mundell Fleming model tries to describe a small …   Wikipedia

• Classical dichotomy — In macroeconomics, the classical dichotomy refers to an idea attributed to classical and pre Keynesian economics that real and nominal variables can be analyzed separately. To be precise, an economy exhibits the classical dichotomy if real… …   Wikipedia

• ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

• Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

• United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium