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- W1499175057 abstract "Abstract The Lucas paper, “Money in a Theory of Finance”, is notable for both its generality as well as its unusual degree of specialization. What I mean by this apparent contradiction, I hope, will become clear in the course of my comments. It is, however, by understanding these aspects of Lucas' paper that I have come to a more optimistic outlook regarding the integration of financial economics and monetary theory than Lucas suggests when he says “Ultimately, however, financial and monetary theory have quite different objectives, and however desirable theoretical ‘unity’ may be, one can identify strong forces that will continue to pull apart these two bodies of theory apart.” (Lucas (1984, p. 39))." @default.
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- W1499175057 date "1984-01-01" @default.
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- W1499175057 title "Money in a theory of finance" @default.
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- W1499175057 doi "https://doi.org/10.1016/0167-2231(84)90004-6" @default.
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