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This paper analyzes monetary policy in transition. It examines the dynamics of monetary policy in Mongolia using … granger-causality tests for monetary variables and inflation. The paper also analyzes money demand using data from 22 … in a transition economy as rudimentary as Mongolia, a stable money demand and a predictable relationship between …
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The major objective of the paper is to provide estimates of a money demand function and of the optimal seigniorage in the Czech Republic and compare it to other transition countries such as Bulgaria, Poland and Romania, and analyze the scope of budget deficit financing through money printing. To...
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