Money habits and growth
关于M2及宏观经济因素的好文章,Themoney-in-utilitymodelisre-consideredwithhabitsandendogenousgrowth.An
increaseintheinflationraterequiresafallinthesteadystatehabitsrelativetocapital,if
initiallythenominalinterestrateispositive.Ifhabitsexhibitadjacentcomplementarity,
immediatelya
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