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...
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| Format: | Revue |
| Langue: | English |
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Washington, D.C. :
International Monetary Fund,
1991.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1991/016 |
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| Accès en ligne: | Full text available on IMF |