Fuzzy Measures of Monetary and Non-monetary Deprivations in Tunisia

Monetary Aggregates and Monetary Policy

This is a special conference for the Federal Reserve Bank of Boston, and for me personally. The role of monetary aggregates in monetary policy was intensely controversial when I joined the staff of the Board of Governors in May 1969. I was immediately asked to join the staff of the newly formed FOMC Committee on the Directive. Governor Sherman Maisel chaired that committee; the other two member...

Influences of monetary and non-monetary family resources on children's development in verbal ability in China

This paper addresses the debate over the significance of family’s monetary versus nonmonetary resources for children’s achievement and development, within the context of contemporary China. We use data from the 2010 baseline survey of the China Family Panel Study to examine the relevance of several proposed determinants in Chinese children’s cognitive achievement. Our findings suggest that: (1)...

Valuing Nature: Biophysical or Monetary Measures

Equilibrium with Non-Convex Transactions Costs: Monetary and Non-Monetary Economies

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On Monetary Stability and Monetary Reform