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Barnett Critique
A Granular Investigation on the Stability of Money Demand
The unstable money demand function can be a result of erroneous measure of money.
Zhengyang Chen
,
Victor J. Valcarcel
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DOI
Monetary Transmission in Money Markets: The Not-So-Elusive Missing Piece of the Puzzle
Adding variables to a VAR model may not solve the price puzzle but changing the policy indicator does.
Zhengyang Chen
,
Victor J. Valcarcel
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DOI
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