Ball, Laurence M. (contributor) - 2002 - [Elektronische Ressource]
the choice of the interest rate in
the money demand function. Most previous work uses a short-term
market rate, but this …. There is, however, one crucial innovation in the
approach: the choice of the interest rate in the money demand
function …
complications caused by "sweep" accounts.) Long-run money demand
is stable regardless of whether the interest rate is measured by …