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Money demand and its stability have a great impact on the economy of a country. Because China's financial and monetary … system has been in reform, there are many uncertainties in money demand. Especially, China's money demand has its own … particularity. This paper studies the determinants of China's money demand through building a linear econometric model and SVAR …
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This paper provides empirical evidence in favor of the hypothesis that the secular price increase in the 16th century is mainly caused by money supply developments as the discovery of new mines in Latin America. First we review price developments for several European countries over the 16th...
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