Bilal, Savaþ - Türkiye Ekonomi Kurumu - TEK - 2008
) rather than in the sense of Sargent et al.(1973).Cagan assumes the exogeneity of money. Sargent et al. suggest the …).
Cagan assumes the exogeneity of money. Sargent et al. suggest the endogeneity of
money. Implicitly, the money supply … in Turkey.
Key Words: Demand for Money, High Inflation, Granger Causality, Exogeneity of
Money, Endogeneity of Money …
