Long-Run Money Demand in Large Industrial Countries : Volume 38 No. 1.
The long-run properties of money demand functions in the large industrial countries are examined under the hypothesis that the long-run functions have been stable but that the dynamic adjustment processes are more complex than those represented in most earlier models. The results broadly support thi...
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1991.
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| Seri Bilgileri: | IMF Staff Papers; IMF Staff Papers ;
No. 1991/004 |
| Online Erişim: | Full text available on IMF |
| Özet: | The long-run properties of money demand functions in the large industrial countries are examined under the hypothesis that the long-run functions have been stable but that the dynamic adjustment processes are more complex than those represented in most earlier models. The results broadly support this hypothesis, but for certain aggregates they also call into question some basic hypotheses about the nature of the demand function, including, notably, that of homogeneity with respect to the price level. |
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| Diğer Bilgileri: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Fiziksel Özellikler: | 1 online resource (236 pages) |
| Materyal Türü: | Mode of access: Internet |
| ISSN: | 1020-7635 |
| Erişim: | Electronic access restricted to authorized BRAC University faculty, staff and students |