Stability of Velocity in the Group of Seven Countries : A Kalman Filter Approach /
This paper estimates forecasting models using annual data for the income velocity of money in the G-7 countries. The predictions are conditional upon the realized value of the long-term domestic government bond rate. Such conditional forecasts did not deteriorate over the period 1980-1988 as compare...
| 1. Verfasser: | |
|---|---|
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1990.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1990/080 |
| Online Zugang: | Full text available on IMF |