Bahmani-Oskooee, Mohsen; Maki Nayeri, Majid - In: Review of Economic Analysis : REA 12 (2020) 1, pp. 73-87
In an attempt to establish stability of the demand for money, some recent studies have included the volatility of the … money supply and output to account for uncertainty. In this paper we consider the experience of Japan but rather than … including an uncertainty measure related to money supply and output, we include a relatively more comprehensive measure known as …