Search Results - subject:"Money Demand Function"

Testing linearity in a cointegrating STR model for the money demand function: International evidence from G-7 countries

Lee, Chien-Chiang; Chen, Pei-Fen; Chang, Chun-Ping - In: Mathematics and Computers in Simulation (MATCOM) 76 (2007) 4, pp. 293-302

The motivation behind this paper is to re-investigate the stability of the long-run money demand function (MDF) in a …

Persistent link: https://www.econbiz.de/10010870044

The Long-Run Relationship between Real GDP, Money Supply, and Price Level: Unit Root and Cointegration Tests with Structual Changes

Soejima, Yutaka - In: Monetary and Economic Studies 14 (1996) 2, pp. 23-52

Many studies have attempted to find a stable money demand function, which is a prerequisite, among other things, for … demand function, arises from a misspecification of the time series model, and that the instability of the money demand …. This indicates that the cointegration between the three variables, which is supported by previous studies on the money …

Persistent link: https://www.econbiz.de/10010819373

Dynamic panel cointegration approaches to the estimation of money demand functions

Jun, Sangjoon - In: Global Economic Review 33 (2004) 3, pp. 23-42

This paper investigates properties of the money demand functions of Group of Six (G6) member countries (Canada, France, Italy, Japan, U.K., and U.S.) using the estimation and inference techniques of panel cointegration. Empirical analyses are conducted by estimating money demand equations of G6...

Persistent link: https://www.econbiz.de/10009194405

Instability versus dynamics: A study in West German demand for money

von Hagen, Juergen; Neumann, Manfred - University of Bonn, Germany - 1986

Persistent link: https://www.econbiz.de/10005032131

Currency substitution and the demand for money

von Hagen,Juergen Neumann,Manfred J.M. - University of Bonn, Germany

Persistent link: https://www.econbiz.de/10005028422