Monetary Dynamics As A Factor Of General Equilibrium In The Economy And The Economic Cycle – Conceptual And Methodological Aspects Cover Image

Паричната динамика като фактор на генералното равновесие в икономиката и икономическия цикъл – концептуални и методологически аспекти
Monetary Dynamics As A Factor Of General Equilibrium In The Economy And The Economic Cycle – Conceptual And Methodological Aspects

Author(s): Kuzman Iliev
Subject(s): Economy, Business Economy / Management
Published by: Стопанска академия »Д. А. Ценов«
Keywords: nominal monetary equilibrium; nominal income targeting; nominal GDP targeting; economic cycle theories

Summary/Abstract: This study examines the role of money supply and the concept of nominal (monetary) general equilibrium in the light of basic theories of the economic cycle. They are considered comparatively, analyzing whether it is right or wrong to target nominal income levels or nominal GDP in terms of modern ways of addressing the problems of cyclical economic fluctuations and economic crises.

  • Issue Year: 2021
  • Issue No: 17
  • Page Range: 450-465
  • Page Count: 16
  • Language: Bulgarian