Kia, Amir - In: Economies : open access journal 12 (2024) 2, pp. 1-18
This study shows that demand for money is a function not only of interest rate, real exchange rate, and personal …. This study also covers the investigation of policy invariance of money demand, an important issue ignored so far in the … existing literature on the demand for money in the United States. It was found that the behavior of agents in the money market …