Jawadi, Fredj; Sousa, Ricardo M. - In: Applied Economics Letters 20 (2013) 11, pp. 1052-1055
This article aims at estimating money demand for the euro area, the United States and the United Kingdom using a Dynamic Ordinary Least Squares (DOLS) estimator. Our findings show that (1) wealth effects on money demand are important in the euro area and the United Kingdom; (2) the impact of...