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Further Evidence On Expectations And The Demand for Money During the German Hyperinflation
Frenkel, Jacob A. - 1978
Probably no event in monetary history has been more studied than the German hyperinflation of the early 1920's. Economists have been attracted to study this episode since it provides an environment that is close to a controlled experiment which is so rare in the study of social sciences. This...
Persistent link: https://www.econbiz.de/10012478861
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On Transactions and Precautionary Demand For Money
Frenkel, Jacob A. - 1978
This paper develops a stochastic framework for the analysis of transactions and precautionary demand for money. The analysis is based on the principles of inventory managements and the key feature of the model is its stochastic characteristics which lead to the need for precautionary reserves....
Persistent link: https://www.econbiz.de/10012478862
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Undergraduate Econometrics Instruction : Through Our Classes, Darkly
Angrist, Joshua D. - 2017
The past half-century has seen economic research become increasingly empirical, while the nature of empirical economic research has also changed. In the 1960s and 1970s, an empirical economist's typical mission was to "explain" economic variables like wages or GDP growth. Applied econometrics...
Persistent link: https://www.econbiz.de/10012455537
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What Did UWE Do for Economics?
Avilova, Tatyana; Goldin, Claudia - National Bureau of Economic Research - 2023
Economics is among the most popular undergraduate majors. However, even at the best research universities and liberal … arts colleges men outnumber women by two to one, and overall there are about 2.5 males to every female economics major. The … Undergraduate Women in Economics (UWE) Challenge was begun in 2015 for one year as a randomized controlled trial with 20 treatment …
Persistent link: https://www.econbiz.de/10014322819