What Have We Learned About Estimating the Demand for Money? : A Multicountry Evaluation of Some New Approaches /

This paper provides estimates of the demand for both narrow and broad monetary aggregates for the five largest industrial countries using two recent approaches: buffer stock and error correction models. The performances of these models are compared with several versions of the conventional partial a...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Tavlas, George
Weitere Verfasser: Boughton, James
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1991.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1991/016
Schlagworte:
Online Zugang:Full text available on IMF