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Aggregate vs disaggregate data analysis : a paradox in the estimation of money demand function of Japan under the low interest rate policy

Shen, Yan; Hsiao, Cheng; Fujiki, Hiroshi - 2003

Persistent link: https://www.econbiz.de/10001737806

Aggregate vs. disaggregate data analysis : a paradox in the estimation of a money demand function of Japan under the low interest rate policy

Hsiao, Cheng; Shen, Yan; Fujiki, Hiroshi - In: Journal of applied econometrics 20 (2005) 5, pp. 579-601

Persistent link: https://www.econbiz.de/10003121139

Aggregate vs Disaggregate Data Analysis - a Paradox in the Estimation of a Money Demand Function of Japan Under the Low Interest Rate Policy

Hsiao, Cheng; Shen, Yan; Fujiki, Hiroshi - 2005

We use Japanese aggregate and disaggregate money demand data to show that conflicting inferences can arise. The aggregate data appears to support the contention that there was no stable money demand function. The disaggregate data shows that there was a stable money demand function. Neither was...

Persistent link: https://www.econbiz.de/10014067541

Budget deficits and inflation : a theoretical and empirical survey

Fujiki, Hiroshi - 2000

Persistent link: https://www.econbiz.de/10001486137

Budget deficits and inflation : a theoretical and empirical survey

Fujiki, Hiroshi - In: Monetary and economic studies 19 (2001) 1, pp. 49-87

Persistent link: https://www.econbiz.de/10001552957

Money demand near zero interest rate : evidence from regional data

Fujiki, Hiroshi - 2001

Persistent link: https://www.econbiz.de/10001604615

Do high interest rates appreciate exchange rates during crisis? : The Korean evidence

Dekle, Robert; Hsiao, Cheng; Wang, Siyan - In: Oxford bulletin of economics and statistics 63 (2001) 3, pp. 359-380

Persistent link: https://www.econbiz.de/10001606947

Interest rate stabilization of exchange rates and contagion in the Asian crisis countries

Dekle, Robert; Hsiao, Cheng; Wang, Siyan - In: Financial crises in emerging markets, (pp. 347-379). 2001

Persistent link: https://www.econbiz.de/10001588001

Monetary policy under zero interest rate : viewpoints of central bank economists

Fujiki, Hiroshi; Okina, Kunio; Shiratsuka, Shigenori - 2000

Persistent link: https://www.econbiz.de/10001479151

Monetary policy under zero interest rate : viewpoints of central bank economists

Fujiki, Hiroshi; Okina, Kunio; Shiratsuka, Shigenori - In: Monetary and economic studies 19 (2001) 1, pp. 89-130

Persistent link: https://www.econbiz.de/10001552958

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