|
|
|
|
| LEADER |
01798cas a2200313 a 4500 |
| 001 |
AALejournalIMF008713 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781451920963
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Boughton, James.
|
| 245 |
1 |
4 |
|a The Demand for M1 in the United States :
|b A Commenton Baba, Hendry, and Starr /
|c James Boughton.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 1993.
|
| 300 |
|
|
|a 1 online resource (10 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a A recent paper by Baba, Hendry, and Starr presents an error-correction model of the demand for M1 in the United States, which shows a dramatic improvement in both fit and stability over earlier models. This note estimates an alternative model with the same data set and draws two conclusions: that the improvements are due more to the use of complex dynamics than to the introduction of variables representing financial innovation, and that some of the economic properties are not robust with respect to minor changes in specification.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 650 |
|
7 |
|a BHS Equation
|2 imf
|
| 650 |
|
7 |
|a BHS Interest-Rate Effect
|2 imf
|
| 650 |
|
7 |
|a BHS Model
|2 imf
|
| 650 |
|
7 |
|a Standard Error
|2 imf
|
| 650 |
|
7 |
|a WP
|2 imf
|
| 651 |
|
7 |
|a United States
|2 imf
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 1993/024
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1993/024/001.1993.issue-024-en.xml
|z IMF e-Library
|