The research work on supply-chain management has primarily focused on the study of materials flow and very little work has been done on the study of upstream flow of money. In this paper we study the flow of money in a supply chain from the viewpoint of a supply chain partner who receives money from the downstream partners and makes payments to the upstream partners. The objective is to schedul...

In this paper, we analyze the effects of money on the market for durable goods both empirically and theoretically. Using monthly US data on personal expenditures on durable goods and the housing market, we estimate from a VAR the dynamic responses of the price and quantity of durable goods and housing to money supply shocks, assuming only that money is neutral in the long-run. We then estimate ...

We introduce a model of the economy as a social network. Two agents are linked to the extent that they transact with each other. This generates well-defined topological notions of location, neighborhood and closeness. We investigate the implications of our model for monetary economics. When a central bank increases the money supply, it must inject the money somewhere in the economy. We demonstr...

iran’s economy is recognizes as a high inflationary country (for near almost all years after islamic revelation)  which is suffered to external shocks such as external  conflict interactions (for example war and sanctions) and   oil price shocks. therefore, analysis and estimation of money demand in iran should consider above issues in order to have efficient  money supply  policy. this paper, ...

the objective of this study is to derive a money demand function compatible with the islamic economic rules, i.e., prohibition of reba. this rule, evidently eliminates the loan market from the economy.therefore, we propose that the islamic financial markets could link the real and nominal sectors of the economy and provide the information needed by both the financial intermediaries and the cent...

analysis of the transactions demand formoney. The commodity-demand elasticity withrespect to the real interest rate, b , , was set tounity because, of all (equally arbitrary) values,unity is the most straightforward choice. (Econo-metric evidence currently available does notprovide direct knowledge of this elasticity.) Therelative sizes of the disturbances give consi...

A theoretical synthesis of endogenous money and liquidity preference is not possible so long as the latter is cognized as a theory of the demand and supply of money. A key step toward the reconcilement of the two theories is a revival of the original version of Keynes’s theory, which appeared in the Treatise on Money as the “theory of bearishness.” The most widely known version of liquidity pre...

Türkiye’ de 2000’li yılların başı ekonomik anlamda ciddi sıkıntıların yaşandığı bir dönem olmuştur. 2005 senesi ise katılım bankaları için dönüm noktası olarak görülmektedir. Bu tarihten itibaren Avrupa Birliği uyum yasaları çerçevesinde bankalarının Bankacılık Kanunu kapsamına alınmasıyla mevduat güvencesine geçilmiştir. kararla da Türkiye Cumhuriyet Merkez Bankası tarafından raporlanan para a...