If the scale variable such as GDP were not considered, the decreasing return of stock market is the dominant factor to explain the accelerating growth demand for money in the specified sample.
如果不考虑GDP等规模变量，股市收益率下降是导致平均货币需求增长的主要因素。
If the scale variable such as GDP were not considered, the decreasing return of stock market is the dominant factor to explain the accelerating growth demand for money in the specified sample.
如果不考虑GDP等规模变量，股市收益率下降是导致平均货币需求增长的主要因素。
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