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International Evidence on the Demand for Money

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NBER1986-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2106
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One of the current questions in the literature on the demand for money is whether the adjustment of actual to desired money holdings is in nominal or real terms. This paper describes a simple procedure than can be used to test the nominal against the real hypothesis. The test is carried out for 27
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1986-12-01
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