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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Bibliographic Details
Main Author: Choi, Woon
Other Authors: Oh, Seonghwan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/188
Online Access:Full text available on IMF