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Instability of Money Demand

by Samuel Reynard, Samuel Reynard, Jel E
"... This paper uses multi-period cross-sectional data on financial assets holdings to shed light on the postwar stability of money demand in the United States. I first present a new measure of the evolution of financial market participation, by relating participation to the extensive margins of money de ..."
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This paper uses multi-period cross-sectional data on financial assets holdings to shed light on the postwar stability of money demand in the United States. I first present a new measure of the evolution of financial market participation, by relating participation to the extensive margins of money

Cointegration Test For Money Demand

by The Case For, Çiğdem İzgi̇ Koğar
"... this paper, the hypothesis of existence of stationary long-run money demand function is tested by using cointegration method for Turkey and Israel that in both countries the high inflation was the main economic problem. If money demand function shows a stationary long-run relationship among real inc ..."
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this paper, the hypothesis of existence of stationary long-run money demand function is tested by using cointegration method for Turkey and Israel that in both countries the high inflation was the main economic problem. If money demand function shows a stationary long-run relationship among real

Money Demand Function

by Lee-chea Hiew, Chin-hong Puah, Muzafar Shah , 2013
"... Using the consumer theory approach as suggested by Habibullah (2009), this study aims to shed new light on monetary authority by incorporating advertising expenditure, a variable that has been neglected in the past, into study of the money demand function in Indonesia. In addition, different measure ..."
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Using the consumer theory approach as suggested by Habibullah (2009), this study aims to shed new light on monetary authority by incorporating advertising expenditure, a variable that has been neglected in the past, into study of the money demand function in Indonesia. In addition, different

MONEY-DEMAND AND THE EFFICACY OF FISCAL POLICY

by Saul H Hymans , John A Gardner , 1978
"... An M2 money-demand function including the market value of government debt is estimated. The resulting equation both tracks the recent movements in money-demand and has implications for the efficacy of fiscal policy as a tool of stabilization policy. ..."
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An M2 money-demand function including the market value of government debt is estimated. The resulting equation both tracks the recent movements in money-demand and has implications for the efficacy of fiscal policy as a tool of stabilization policy.

SHORT-RUN MONEY DEMAND

by Laurence Ball, Astrayuda Gergana Trainor, Weifeng Wu , 2012
"... This paper is a revised and updated version of NBER Working Paper ..."
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This paper is a revised and updated version of NBER Working Paper

On the Stability of Money Demand

by Robert E. Lucas, Juan Pablo Nicolini , 2014
"... To be done. 1. ..."
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To be done. 1.

On the Stability of Money Demand

by Robert E Lucas Jr , Federal Reserve Bank of Minneapolis Juan Pablo Nicolini , Universidad Di , Tella
"... ..."
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Abstract not found

Financial Crises and Money Demand

by unknown authors , 2005
"... irk be ck W or ki ng P ap er s in E co no m ic ..."
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irk be ck W or ki ng P ap er s in E co no m ic

MODELLING THE TURKISH BROAD MONEY DEMAND

by Defne Mutluer, Yasemin Barlas
"... This paper analyzes broad money demand in Turkey between 1987 and 2001, a period characterized by a process of financial sector liberalization, implemented using various structural reforms and deregulations. It presents the historical background and the pace of liberalization, accompanied by a discu ..."
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This paper analyzes broad money demand in Turkey between 1987 and 2001, a period characterized by a process of financial sector liberalization, implemented using various structural reforms and deregulations. It presents the historical background and the pace of liberalization, accompanied by a

An Empirical Analysis of the Money Demand Function

by Takeshi Inoue, Shigeyuki Hamori - in India. IDE Discussion Papers No. 166, Institute of Developing Economies , 2008
"... This paper empirically analyzes India's money demand function during the period of 1980 to 2007 using monthly data and the period of 1976 to 2007 using annual data. Cointegration test results indicated that when money supply is represented by M1 and M2, a cointegrating vector is detected among ..."
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This paper empirically analyzes India's money demand function during the period of 1980 to 2007 using monthly data and the period of 1976 to 2007 using annual data. Cointegration test results indicated that when money supply is represented by M1 and M2, a cointegrating vector is detected among
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