Year: 1999
Type: article
Abstract: Estimating the welfare gains from ending inflation requires taking a stand on the shape of the money demand function. A form of the money demand function that seems to describe U.S. experience—known in technical jargon as the double log form—seems to work well in countries and times where inflation was moderate.
DOI: 10.20955/r.81.41-46
Author: Alvin L. Marty
Language: English
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W1550780411