Karl Brunner's Contributions to the Theory of the Money Supply

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Creator Series Issue number
  • 582
Date Created
  • 2019-04-23
Abstract
  • In this paper, I revisit some recent work on the theory of the money supply, using a theoretical framework that closely follows Karl Brunner's work. I argue that had his research proposals been followed by the profession, some of the misunderstandings related to the instability of the money demand relationship could have been avoided.

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  • Federal Reserve Bank of Minneapolis. Research Department
Publisher
  • Federal Reserve Bank of Minneapolis
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