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.

Subject (JEL) Palavra-chave Corporate Author
  • Federal Reserve Bank of Minneapolis. Research Department
Publisher
  • Federal Reserve Bank of Minneapolis
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