The Source of Fluctuations in Money: Evidence From Trade Credit
收藏NBER1991-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3756
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资源简介:
This paper tests the importance of technology shocks versus financial shocks for explaining, fluctuations in money. The model presented extends the theory of King and Plosser by recognizing that both money and trade credit provide transactions services. The model shows that the comovements between
提供机构:
美国国家经济研究局
创建时间:
1991-06-01



