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The Common Development of Institutional Change as Measured by Income Velocity: A Century of Evidence from Industrialized Countries

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NBER1993-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4379
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Previous evidence, most recently by Bordo and Jonung (1990) and Silclos (1988b, 1991), has shown on a country-by-country basis that proxies for institutional change significantly improve our understanding of the long-run behaviour of velocity and. consequently, of the demand for money. If
提供机构:
美国国家经济研究局
创建时间:
1993-06-01
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