Long-Run Money Demand in Large Industrial Countries.
The reputation of the aggregate demand function for money balances has plummeted since the mid-1970s, owing to the destabilizing effects of financial innovation and deregulation. There is, nonetheless, a renewed effort among economists to uncover stable relationships, a revival that reflects in part...
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1990/053 |
| Dostęp online: | Full text available on IMF |