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being "credit-constrained", or by the extent to which it is prone to being "liquidity-constrained". Our main findings are … that: (i) the interaction between credit or liquidity constraints and the counter-cyclical real short-term interest rate …
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Cambridge Cash Balanced, the liquidity preference theory and the Monetarists as theoretical frameworks were explored to … their lagged values using the Vector Auto-regressive (VAR) analytical technique. The Classical quantity theory of money, the …
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The role of monetary policy in promoting economic growth remains empirically an open research question. This paper attempts to bridge the knowledge gap by investigating the impact of monetary policy on economic growth in Tanzania during the period from 1975 to 2013, using the autoregressive...
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