Modeling the Demand for Narrow Money in the United Kingdom and the United States.
Despite the importance of well-specified empirical money-demand functions for inference, forecasting, and policy, problems in modeling have arisen concerning the economic theories of money demand, the data, institutional frameworks, financial innovation, and econometric implementation. By developing...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
1991
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Modeling the demand for narrow money in the United Kingdom and the United States.
Published 1990
Working paper