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The Study of the Effects of Stock Price Index on Money Demand Function

Firoozeh Azizi; Narges Moradkhani

Volume 7, Issue 26 , October 2007, , Pages 213-241

Abstract
  Stock price index is one of the most important benchmark for measuring stock exchange operation in all of the world’s financial markets. In this paper, we study the effects of stock price index on money demand function for the period 1370-80. In this Paper, we use two definitions for money, broad ...  Read More