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Conventionally, the money demand function is estimated using a regression of the logarithm of money demand on either the interest rate or the logarithm of the interest rate. This equation is presumed ...
Demand is what the consumer can and is willing to buy at a given price over a given time period. Analyzing demand is a complicated process that takes into account many variables. Economists and ...
The purpose of this paper is to investigate the structure of the class of market excess demand functions which can be generated by aggregating individual utility maximizing behavior. Among the results ...
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