Endogenous Money Supply and Money Demand /
This paper explores the behavior of money demand by explicitly accounting for the money supply endogeneity arising from endogenous monetary policy and financial innovations. Our theoretical analysis indicates that money supply factors matter in the money demand function when the money supply partial...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2000.
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coleção: | IMF Working Papers; Working Paper ;
No. 2000/188 |
Acesso em linha: | Full text available on IMF |