Economics, Econometrics and Finance
8 years ago

Unstable Money Supply Threatens Economic Stability, Experts Warn

Southern Economic Journal
The Money Supply Process: Identification, Stability, and Estimation
Raymond E. Lombra, Herbert M. Kaufman

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The article explores the stability of money demand and supply functions in economics. Researchers have been studying how changes in money supply affect the economy, assuming that the central bank controls it independently. The main focus is on understanding if the money supply function is stable and unaffected by shifts in money demand.