Search Results
Journal Article
Velocity and monetary policy in 1982
Journal Article
A sectoral analysis of velocity
Working Paper
Measurement error and a reinterpretation of the conventional money demand regression
It has been sixteen years since a partial adjustment model was first applied in empirical money demand studies by Chow [1996]. Since then the partial adjustment specification has become widely used, particularly in quarterly money demand studies. However, in spite of its widespread use, the theoretical rationalization for the partial adjustment specification has never been entirely satisfactory.
Journal Article
Innovation and money demand
Journal Article
Money-income relationships and the exchange rate regime
Conference Paper
Money demand in a flexible dynamic Fourier expenditure system