Construct · 1 fields · 1 citations

Mundell-Tobin effect: a standalone construct

One name. One construct. A landmark on the map.

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Mundell-Tobineffect1 CONSTRUCTMundell-Tobin effectTOBIN · MONETARY ECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Monetary economics

the mechanism by which higher inflation lowers the return on money, shifting portfolios toward capital and raising capital intensity and real output.

In monetary economics, Mundell-Tobin effect refers to the mechanism by which higher inflation lowers the return on money, shifting portfolios toward capital and raising capital intensity and real output. This meaning comes from Tobin (1965) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructsinflation3 fields · 4 citationsjingle · one word, three constructsintensity4 fields · 5 citationsjingle · one word, four constructs

References

  1. Tobin, J. (1965). Money and Economic Growth. Econometrica, 33(4), 671. https://doi.org/10.2307/1910352

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