Brüggemann, Imke; Nautz, Dieter - Sonderforschungsbereich 373, Quantifikation und … - 1997
volatility of short-term money growth. The present paper investigates the impact of German money growth volatility on income … velocity and money demand in view of Friedman's money growth volatility hypothesis. Granger-causality tests provide some … - in contrast to Friedman's hypothesis - increased money growth volatility lowered the demand for money. …
