The Demand for M1 in the United States : A Commenton Baba, Hendry, and Starr /

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 th...

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Bibliografiska uppgifter
Huvudupphovsman: Boughton, James
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1993.
Serie:IMF Working Papers; Working Paper ; No. 1993/024
Ämnen:
Länkar:Full text available on IMF