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The study addresses a key debate in macroeconomics: whether the relationship between the quantity of money demanded and its determinants (like income and interest rates) broke down during the economic turmoil of the 1930s, a belief that contributed to the dismissal of monetary policy's efficacy in early postwar years. The author concludes that the demand for money in Norway was stable, suggesting that an expansionary monetary policy could have been a viable tool to counteract the Great Depression.
Call Number | Location | Available |
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JMCB1402 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Ohio: Ohio State University Press 1982 |
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Edisi | Vol. 14, No. 2, May, 1982 |
Subjek | Demand for money Functional Stability Interwar Period (1925-1939) Interest Elasticity Liquidity Trap Norway |
ISBN/ISSN | 00222879 |
Klasifikasi | NONE |
Deskripsi Fisik | - |
Info Detail Spesifik | Journal of Money, Credit and Banking |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas |