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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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1993.
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| Серии: | IMF Working Papers; Working Paper ;
No. 1993/024 |
| Предметы: | |
| Online-ссылка: | Full text available on IMF |