The Relative Stability of Monetary Velocity And the Investment Multiplier

Cover The Relative Stability of Monetary Velocity And the Investment Multiplier
The Relative Stability of Monetary Velocity And the Investment Multiplier
Albert Ando
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03) [. 987] . 997 . 796 . 997 25 1536 23 a/ — Figures in parenthesis are standard errors of respective coefficients, and figures in brackets are partial correlation coefficients squared, -'^Variance of N^ = 16765.
c/ -'variance of C^ = 7515, 43 Table 5 Test of the "Extreme Quantity Theory' Coefficient of According ^^"-^^^.^ to ^\.
(a^) (ag) M* (a*) M^ (ag) p, t-l Extreme Quantity Model (Using M*) 0»aj^>-l 2, si/ 2. Si/ Income-Expend i- ture Model Special Version 1. 2 3. 8 oi/ Except for Bias a/
... small- - Income-Expend i- ture Model General Version 1. 3 3. 8 0

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