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Comment: The Strange Journey of Monetary Indicators

Jerry L. Jordan

Journal of Financial and Quantitative Analysis, 1972, vol. 7, issue 2, 1643-1646

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.

Date: 1972
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