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...

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Main Authors: Hendry, D, Ericsson, N
格式: Journal article
语言:English
出版: 1991