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adjustment average Bank of North Bank of Pennsylvania behavior Bretton Woods Bretton Woods system business cycles capital central bank century change in money coefficient coins commercial paper contraction correlation countries currency cyclical decline deflation demand for money dollar economic activity elasticity episodes equation estimates evidence exchange rates Federal Reserve System fixed exchange rates fluctuations foreign exchange foreign exchange markets Friedman gold standard growth rate high-powered money increase inflation interest rates issue lag pattern loans long-run Milton Friedman monetary base monetary change monetary growth monetary policy money balances money demand money stock money supply movements nominal assets output panic payments peak percent percentage period price change price level price of gold produced quantity of money quarter rate of change ratio regression relative result role short-run short-term stability standard deviation statistical stock of money Temin Treasury trend trough United variable velocity yields
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Vito Antonio Muscatelli, Franco Spinelli - 1996 - Scottish Journal of Political Economy
Schwartz, Anna J.: Money in Historical Perspective
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(AMBLEM) Ernur Demir Abaan ANKARA Mart 1997