The Government of Senegal is attempting to liberalize the groundnut market. In the past, this market was highly regulated with government-set producer prices, groundnut oil processing mills owned by parastatals, and requirements that all groundnuts be sold to these quasi-governm…
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Annual data for Saudi Arabia for the period 1968–1998 were used to investigate the relationship among oil revenues, money supply and the price level. Besides the improvement in the specification of the money demand function in Saudi Arabia, the proposed monetary model in this di…