货币动力学:一个市场方法
摘要
有人研究了蕴涵于长期货币需求函数中的短期反应行为。这些反应最近被解释为体现了货币当局的政治立场。然而,因为货币总量的变化反映了货币供求的调整,所以,仅在货币需求函数中估计货币的短期动态也许会产生偏差。为了处理这个问题,论文公开承认蕴含货币需求的货币供给函数的重要性。尽管两个公式的相互作用导致了长期货币数量论,还需要在两个公式中提供关于个体短期调整的更精确的估计。
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