Search Results for money growth

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The purpose of this paper is to present a model that circumvents the requirement of explicitly...

Money demand in dollarized economies often appears to be highly unstable, making it difficult to...

A two-country theoretical model is presented, showing the effects of monetary, fiscal, and...

This paper provides a selective review of the literature on the determinants of inflation in...

Our model is a variant of the cash-in-advance model. Goods must be purchased in the seller's...

This paper focuses on the output costs of disinflation. A model of inflation with both forward...