Essays in macroeconomics and finance: Essay~I. Money demand, seigniorage and the welfare cost of inflation: Evidence from an intertemporal model of money and consumption for the United States economy. Essay~II. Implementation of the Heath-Jarrow-Morton and the Black-Derman-Toy interest rate models for pricing options on Eurodollar futures.

Title: Essays in macroeconomics and finance: Essay~I. Money demand, seigniorage and the welfare cost of inflation: Evidence from an intertemporal model of money and consumption for the United States economy. Essay~II. Implementation of the Heath-Jarrow-Morton and the Black-Derman-Toy interest rate models for pricing options on Eurodollar futures.
Identifier: AAI9908293:pdf