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Die Geldumlaufgeschwindigkeit als Quotient von Inlandsprodukt und vorhandener Geldmenge sinkt im Zeitablauf. Warum wird …
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Recently, the Bundesbank claimed that monetary targeting has become considerably more diffcult by the increased volatility of short-term money growth. The present paper investigates the impact of German money growth volatility on income velocity and money demand in view of Friedman's money...
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