Results 201 to 210 of about 70,691 (256)

The demand for money in Austria [PDF]

Empirical Economics, 1999
In this paper, the demand for real money M1, M2, and M3 is estimated for Austria over the time period 1965–96. The modelling takes place within the framework of a small vector autoregression. To estimate the demand for money, two-equation error-correction models are constructed, which contain the short-run dynamics and the long-run economic equilibrium.
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The Demand for Money in Pakistan [PDF]

The Pakistan Development Review, 1974
It is the purpose of this paper to present an empirical analysis of the demand function for money in Pakistan. Our empirical investigation is restricted to the period 1951-70. During this period (a) nominal income rose at an average yearly rate of 7.0 per cent; (b) nominal stock of money averaged a yearly increase of 7.9 or 9.7 ...
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Money demand in Euroland [PDF]

Journal of International Money and Finance, 2001
Abstract This paper explores the determinants of alternative monetary aggregates in Euroland. A sample consisting of quarterly data covering the 1980:1–1998:4 period is considered. We are interested whether a conventionally defined money demand equation is stable in some aggregates as opposed to others.
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The Demand for Leisure and Money

Econometrica, 1978
This chapter discusses demand for leisure and the transactions demand for money that is imbedded in a demand system derived from a specified utility function. The Stone–Geary utility function is dynamized by the introduction of state variables as parameters. The differential equation for money shows that it has a special feature.
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The Structural Shift in the Demand for Money

The Journal of Finance, 1975
RECENTLY several articles have provided evidence that a structural shift occurred in the market for savings deposits during the early 1960's. Specifically, Modigliani [12] demonstrated that prior to 1962 the commercial bank time deposit rate did not affect the demand for nonbank deposits nor did nonbank rates affect the public's demand for time ...
Slovin, Myron B, Sushka, Marie Elizabeth
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Microfoundations and the Demand for Money

The Economic Journal, 1997
The reader should note that I write this piece in a style that aims to be accessible to that much neglected representative agent, 'the woman on the Eurostar train'. Hence, unlike the 'man on the Clapham Omnibus' I assume my intrepid traveller has reasonable knowledge of monetary economics and econometrics but not of the details of the demand for money.
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THE RATIONALE OF THE DEMAND FOR MONEY AND OF “MONEY ILLUSION”*

Metroeconomica, 1950
Consider the following propositions: (1) Each individual maximizes a utility function that depends only on the amounts of various goods he will consume during a period that begins after the marketing date and during which no further exchanges takes place; (2) The numeraire (i.e., the thing whose price is fixed at unity) is neither a consumption nor a ...
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Is Money Exogenous in Money-Demand Equations

Journal of Political Economy, 1978
Sims's finding that nominal money stock is strictly exogenous in a distributed-lag regression of nominal income on nominal money stock is not inconsistent with the appearance and real income and nominal interest rates as strictly exogenous regressors in the quarterly money-demand equations estimated in real form.
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The Consumer's Demand for Money

Econometrica, 1943
Not ...
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