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- W2084776284 abstract "A prominent feature of US data is the lack of cointegration between nominal interest rates and M1 velocity. Yet, most general-equilibrium monetary models that have been used for empirical analysis have imposed cointegration between these two series. This paper presents as an alternative a money-in-the-utility function model which does not imply cointegration even though a well-defined stationary monetary equilibrium exists." @default.
- W2084776284 created "2016-06-24" @default.
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- W2084776284 date "2001-01-01" @default.
- W2084776284 modified "2023-09-23" @default.
- W2084776284 title "A Note on Modelling Money Demand in Growing Economies" @default.
- W2084776284 doi "https://doi.org/10.1111/1467-8586.00117" @default.
- W2084776284 hasPublicationYear "2001" @default.
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