%0 Journal Article %T O valor da moeda e a teoria dos pre£¿os dos ativos %A Barbosa %A Fernando de Holanda %J Revista Brasileira de Economia %D 2005 %I Funda??o Get¨²lio Vargas %R 10.1590/S0034-71402005000200005 %X the price of money, as the price of any financial asset, can be determined through asset pricing theory. based on this approach, this paper presents a concise survey of the following topics of monetary theory: i) price of money: bubbles versus fundamentals; ii) multiple equilibria; iii) price level indeterminacy; iv) optimum quantity of money; v) hyperinflation; vi) currency substitution, and vii) price of money rigidity. %K pre£¿o da moeda %K bolhas x fundamentos %K indetermina£¿£¿o do n¨ªvel de pre£¿os %K quantidade ¨®tima de moeda %K hiperinfla£¿£¿o %K substitui£¿£¿o de moeda. %U http://www.scielo.br/scielo.php?script=sci_abstract&pid=S0034-71402005000200005&lng=en&nrm=iso&tlng=en