The Chicago monetary growth-rate rule: Friedman on Simons reconsidered
The work takes up a series of issues pertaining to the monetary interpretation of Friedman and Simons. The authors find that espousal of a monetary rule involves, foremost, confidence in the extrapolability of long-term statistical trends, particularly with respect to velocity. The initial formulati...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10728 |