Chow, Gregory; Shen, Yan - Griswold Center for Economic Policy Studies, Department … - 2004
’s propositions on the effects of money as summarized by Bernanke (2003). Using the same VAR model and M1 instead of M2, we have found … a century.
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References
Bernanke, Ben S. “Friedman’s Monetary Framework: Some Lessons.” Paper presented at the …-24, 2003.
Bernanke, Ben S., Mihov, I., “ Measuring Monetary Policy”, Quarterly Journal of Economics.
Vol. 113, No. 3. (1998 …