Friedman and Schwartz (1982) Revisited: Assessing Annual and Phase-Average Models of Money Demand in the United Kingdom.

Several studies have developed empirical models of U.K. money demand using the century of annual and phase-average data in Friedman and Schwartz (1982). The current paper evaluates key models from those studies, employing tests of constancy and encompassing. The e...

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Những tác giả chính: Ericsson, N, Hendry, D, Prestwich, K
Định dạng: Journal article
Ngôn ngữ:English
Được phát hành: Physica-Verlag 1998