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Monitoring money for price stability

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Published in 2018 at "Journal of Economic Dynamics and Control"

DOI: 10.1016/j.jedc.2018.01.011

Abstract: In this paper, we use a simple model of money demand to characterize the behavior of monetary aggregates in the United States from 1960 to 2016. We argue that the demand for the currency component… read more here.

Keywords: monitoring money; price; price stability; money price ... See more keywords