Abstract (may include machine translation)
Based on historical data between 1873 and 1909, this paper estimates a stable demand for money function in the Austro-Hungarian Monarchy by using a maximum likelihood procedure. The results suggest a quantity theoretic view of money
Original language | English |
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Title of host publication | Incentives, Predictions, Volumes, Prices |
Subtitle of host publication | essays commemorating the 20th anniversary of the first graduating class at CEU Economics |
Editors | Gábor Kézdi |
Place of Publication | Budapest |
Publisher | Central European University, Department of Economics |
Pages | 69-77 |
Number of pages | 9 |
ISBN (Print) | 9789638982230 |
State | Published - 2014 |