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- W2373325672 abstract "There is an implicit assumption which exists in the study about the stock market on money demand, that is, the money velocity is stable, which is not true. After revising the Friedman's substation effect, we can find out the effect of the stock market on money demand is suitable to the real situation. The effect of the stock market on M1 is positive, but is negative on M2, which is caused by the speculative of stock market." @default.
- W2373325672 created "2016-06-24" @default.
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- W2373325672 date "2010-01-01" @default.
- W2373325672 modified "2023-09-22" @default.
- W2373325672 title "Money Demand, Household Deposits and Speculative of Stock Market" @default.
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