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- Publications
- Influence
A Rational Theory of the Size of Government
- A. Meltzer, S. Richard
- Economics
- Journal of Political Economy
- 1 October 1981
In a general equilibrium model of a labor economy, the size of government, measured by the share of income redistributed, is determined by majority rule. Voters rationally anticipate the disincentive… Expand
A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information
- A. Cukierman, A. Meltzer
- Economics
- 1 September 1986
This paper develops a positive theory of credibility, ambiguity, and inflation under discretion and asymmetric information. The monetary policymaker maximizes his own (politically motivated)… Expand
A HISTORY OF THE FEDERAL RESERVE
- A. Meltzer, C. Goodhart
- Economics
- 1 April 2005
Allan H. Meltzer's critically acclaimed history of the Federal Reserve is the most ambitious, most intensive, and most revealing investigation of the subject ever conducted. Its first volume,… Expand
Mercantile Credit, Monetary Policy, and Size of Firms
- A. Meltzer
- Economics
- 1 November 1960
IN the continuing debate about the role of money, credit, and monetary policy in our society, one of the major issues centers around the specific incidence of "tight money" on individual business… Expand
Monetary, Credit and (Other) Transmission Processes: A Monetarist Perspective
- A. Meltzer
- Economics
- 1 November 1995
Monetarist analysis of the transmission process highlights the response of relative prices and real wealth to monetary (and other) impulses. Monetary impulses are neutral in the long run. Short-run… Expand
Tests of a rational theory of the size of government
- A. Meltzer, S. Richard
- Economics
- 1983
ConclusionIn many countries, the political party holding power changes more frequently than the trend growth rates in government spending and taxes. Shifts of political power are often preceded by… Expand
A Political Theory of Government Debt and Deficits in a Neo-Ricardian Framework
- A. Cukierman, A. Meltzer
- Economics
- 1989
In the presence of different abilities, and therefore different bequests, some individuals are bequest constrained even in a neo-Ricardian world. Such individuals vote for taxes on future… Expand
The Uses of Money: Money in the Theory of an Exchange Economy
- K. Brunner, A. Meltzer
- Economics
- 1971
- 322
- 13
A History of the Federal Reserve, Volume 1: 1913-1951
- A. Meltzer
- Political Science
- 2003
Allan H. Meltzer's monumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions. This first volume covers the period… Expand
The Demand for Money: The Evidence from the Time Series
- A. Meltzer
- Economics
- Journal of Political Economy
- 1 June 1963
T *IHE arguments or variables that enter the demand function for money, and the definition of the quantity of money appropriate for the demand function, have received substantial attention in both… Expand