Results 241 to 250 of about 100,848 (298)
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, 1978This 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, 1975RECENTLY 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, 1997The 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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