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The stability of long-run money demand in the United States: A new approach |
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| Authors: | Yiming Wang |
| Affiliation: | |
| Abstract: | In this paper, we search for cointegration relation and determine the location of the changes in the long-run money demand in the US. We use the same data set as the previous studies and find that there are two regime changes. |
| Keywords: | E41 C22 |
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