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		| Richard C. K. Burdekin | 
	
		| Claremont McKenna College | 
	
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		| Robert Day School of Economics & Finance | 
	
		| 500 E. Ninth Street | 
	
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		| Claremont, CA 91711-6400 | 
	
		| United States | 
	
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		| rburdekin@cmc.edu | 
	
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		| JEL Areas: E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General
 G : Financial Economics
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