Aggregate Money Demand Functions
Author: Dennis L. Hoffman
Publisher: Springer Science & Business Media
ISBN: 9789400918146
Category: Business & Economics
Page: 266
View: 234
Language: en
Pages: 266
Pages: 266
The econometric consequences of nonstationary data have wide ranging im plications for empirical research in economics. Specifically, these issues have implications for the study of empirical relations such as a money demand func tion that links macroeconomic aggregates: real money balances, real income and a nominal interest rate. Traditional monetary
Language: en
Pages: 34
Pages: 34
The reputation of the aggregate demand function for money balances has plummeted since the mid-1970s, owing to the destabilizing effects of financial innovation and deregulation. There is, nonetheless, a renewed effort among economists to uncover stable relationships, a revival that reflects in part the development of new econometric approaches, especially
Language: en
Pages: 16
Pages: 16
Books about Fractional Cointegration and Aggregate Money Demand Functions
Language: en
Pages: 20
Pages: 20
Books about The Stability of Narrow Money Demand in Germany and Aggregate Money Demand in the EMS
Language: en
Pages: 240
Pages: 240
The first of January 1999 marked the beginning of a macroeconomic experi ment without precedent in modern history. For the first time eleven European countries agreed to abolish their local currencies in favour of a single one, the Euro. Not surprisingly, the necessary preparatory process has been accompa nied by
