Assertion without empirical basis : an econometric appraisal of monetary trends in .. the United Kingdom, by Milton Friedman and Anna J. Schwartz.
This paper critically re-evaluates some of the fundamental empirical claims about monetary behavior in the United Kingdom made by Milton Friedman and Anna J. Schwartz in their 1982 book Monetary Trends in the United States and the United Kingdom. We focus on six aspects of their analysis: the exogen...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
Federal Reserve Board (U.S.)
1985
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