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stability and corruption, and public finance indicators. Moreover, it suggests a complementary view of the European Monetary …
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We provide new evidence on the short-run effect of elections on monetary aggregates. We study month-to-month fluctuations in the growth rate of M1 in a sample of 85 low and middle income democracies from 1975 to 2009. The evidence shows an increase in the growth rate of M1 during election months...
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This paper discusses recent UK monetary policies as instances of John Kenneth Galbraith’s “innocent fraud,” including …
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