The Search for a Stable Money Demand Function

The Search for a Stable Money Demand Function: A Survey - jstor

text, a stable demand function for money translates into a well-defined relationship between money, interest rates and GNP. 993. Page 2. 994 Journal of ...

The Search for a Stable Money Demand Function - IDEAS/RePEc

Get RePEc data ... IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.

The search for a stable money demand function - Fed in Print

The search for a stable money demand function: a survey of the post- 1973 literature · Authors · Bibliographic Information.

J. P. Judd and J. L. Scadding, “The Search for a Stable Money ...

ABSTRACT: We estimate the money demand function and the money supply function for Canadasimultaneously by the three-stage least squares method. The inflation ...

The Search for a Stable Money Demand Function for Pakistan - jstor

studies on money demand in Pakistan and have monetary policy implications. However, besides some inherent shortcomings of the method of cointegration, one.

The search for a stable money demand function: a survey of the post

The search for a stable money demand function: a survey of the post- 1973 literature · Author · Abstract · Suggested Citation · Download full text from publisher.

A stable money demand: Looking for the right monetary aggregate

Finally, we estimate a money demand equation derived from a simple transaction technology model, using M1 as the monetary aggre- gate before 1980 and MZM after ...

A stable US money demand function, 1874–1975 - ScienceDirect

Our results parallel those of Hendry and Ericsson's (1991) UK study. We find evidence of a unique long-run money demand function and of a stable short-run ...

A STABLE MONEY DEMAND FUNCTION - HAMBURGER - 1987

Especially for monetarists–but for nonmonetarists as well– the demand function for money is of crucial importance for understanding macroeconomic activity ...

On the Stability of Money Demand - Research Database

The theoretical curve overpredicts money balances - alas, because of regulation, the ... Zhou, לA Stable Money Demand: Looking for the Right Mon- etary Aggregate.

Is There a Stable Money Demand Function under the Low Interest ...

They find that the real money balance was highly elastic with respect to the nominal interest rate and real output had no clear impact on real money demand in ...

(PDF) Is There a Stable Money Demand Function under the Low ...

The evidence appears to support the contention that there does exist a stable money demand function with long-run income elasticity greater than one for M2 and ...

The search for a stable money demand function - Studeersnel

Teoria sula moneta fournal of economic literature vol. xx 1982), pp. the search for stable money demand function: survey of the literature john judd and ...

The stability of money demand functions: an alternative approach

More frequently, however, the stability problem is analysed in terms of the money demand function, ie the relationship between money stocks and a few key ...

Money Demand and Equity Markets - Federal Reserve Board

“The Search for a Stable Money Demand Function: A. Survey of the Post-1973 Literature,” Journal of Economic Literature 20. (September 1982), 993-1023. Lown ...

A Survey of Recent Empirical Money Demand Studies

305–24. Hossain, Akhtar, 1994, “The Search for a Stable Money Demand Function for Pakistan: An. Application of the Method of Cointegration, ...

Demand for money - Wikipedia

For a given money supply the locus of income-interest rate pairs at which money demand equals money supply is known as the LM curve. The magnitude of the ...

Is there a stable demand function - CORE

In looking for such “near monies,” a natural starting point is assets that are included in M2 but not M1: savings accounts, money market mutual funds, and so on ...

Monetary Integration, Money-Demand Stability, and the Role ... - HAL

They find evidence for a stable money demand function, which represents the basis for inflation rate forecasting in. Croatia. Subsequent ...

The Stability of the Short-Run Money Demand Function, 1920-1939

Searching. Search All Research Division content Search Only FRED economic data Search Only FRASER digital library Search Only published research and working ...