Another Look at Long-Run Money Demand
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This paper investigates the long-run demand for M1 in the postwar United States. Previous studies, based on data ending in the late 1980's, are inconclusive about the parameters of postwar money demand. This paper obtains precise estimates of these parameters by extending the data through 1996. The
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美国国家经济研究局创建时间：
1998-06-01
