Long-Run Money Demand in Large Industrial Countries

Nopic
The reputation of the aggregate demand function for money balances has plummeted since the mid-1970s, owing to the destabilizing effects of financial innovation and deregulation. There is, nonetheless, a renewed effort among economists to uncover stable relationships, a revival that reflects in part the development of new econometric approaches,... READ MORE...

Publication date: June 1990
ISBN 9781451969870
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Publication date: June 1990

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