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The demand for currency: is the underground economy undermining monetary policy?

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  • Norman N. Bowsher

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Suggested Citation

  • Norman N. Bowsher, 1980. "The demand for currency: is the underground economy undermining monetary policy?," Review, Federal Reserve Bank of St. Louis, vol. 62(Jan), pages 11-18.
    • Handle: RePEc:fip:fedlrv:y:1980:i:jan:p:11-18:n:v.62no.1
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    File URL: https://files.stlouisfed.org/files/htdocs/publications/review/80/01/Demand_Jan1980.pdf
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    Citations

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    Cited by:

    1. George A. Selgin, 1988. "Accommodating Changes in the Relative Demand for Currency: Free Banking vs. Central Banking," Cato Journal, Cato Journal, Cato Institute, vol. 7(3), pages 621-641, Winter.
    2. Khurrum S. Mughal & Friedrich G. Schneider, 2020. "How Informal Sector Affects the Formal Economy in Pakistan? A Lesson for Developing Countries," South Asian Journal of Macroeconomics and Public Finance, , vol. 9(1), pages 7-21, June.
    3. Stefan Petranov & Dimitar Zlatinov & Ilia Atanasov, 2022. "The Shadow Economy in Bulgaria During the Period 2006-2019," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 3-18.
    4. Rolf Mirus & Roger S. Smith, 1981. "Canada's Irregular Economy," Canadian Public Policy, University of Toronto Press, vol. 7(3), pages 444-453, Summer.
    5. Khurrum S. Mughal & Friedrich G. Schneider & Faheem Aslam & Alishba Tahir, 2021. "Money Multiplier Bias Due to Informal Sector: An Extension of the Existing Money Multiplier," South Asian Journal of Macroeconomics and Public Finance, , vol. 10(2), pages 139-157, December.
    6. T. P. Sinha, 2022. "A Macro-Econometric VAR Model of India Incorporating Black Income," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 20(3), pages 629-660, September.

    More about this item

    Keywords

    Monetary policy; Money supply;

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