, ; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Absence-of-Double-Coincidence Models of Money: A Progress Report"; ; "jannelle.ruswick@mpls.frb.org"; "Wallace, Neil"; "Federal Reserve Bank of Minneapolis"; "This study describes a model built on the long-held view that the use of money as a medium of exchange is the result of an absence of double coincidence of wants. The model can account for two of the most challenging observations facing monetary theory: The disparate short-run and long-run effects of changes in the quantity of money and the coexistence of money and assets with higher rates of return. For both observations, the model's ability to provide a rich analysis depends on little more than the ingredients implicit in the absence-of-double-coincidence view."^^; "1997 Winter"; "2019-12-11T18:38:58.985378605+00:00"^^; "https://doi.org/10.21034/qr.2111"; ; "Mon Dec 16 17:29:35 2019"; "Article"; "823"; "Quarterly review (Federal Reserve Bank of Minneapolis. Research Department)"; "Vol. 21, No. 1"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; ; "Publication" . ; ; . ; ; .