Alternative Explanations of the Money-Income Correlation
收藏NBER1986-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1842
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资源简介:
Standard explanations of the bivariate correlation of money and income attribute this correlation to an inability of agents to discriminate in the short run between real and nominal sources of price shocks. This paper is an empirical comparison of the standard explanation with two alternatives: 1)
提供机构:
美国国家经济研究局
创建时间:
1986-02-01



