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Comment: The Strange Journey of Monetary Indicators

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  • Jordan, Jerry L.

Abstract

I find a great deal in Kaufman's paper with which I am in agreement, and I think that setting out the two approaches, the neutralized variable approach versus the ideal indicator, is very useful. I have nothing to add to what Kaufman has said about the work on neutralized variables, even though I know there are a few people who do not consider this a closed issue.

Suggested Citation

  • Jordan, Jerry L., 1972. "Comment: The Strange Journey of Monetary Indicators," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 7(2), pages 1643-1646, March.
  • Handle: RePEc:cup:jfinqa:v:7:y:1972:i:02:p:1643-1646_01
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