Two Papers On Money Demand
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Two Papers On Money Demand
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Author : Edward K. Offenbacher
language : en
Publisher:
Release Date : 1981
Two Papers On Money Demand written by Edward K. Offenbacher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Money categories.
The Demand For Money
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Author : Alan Arthur Walters
language : en
Publisher:
Release Date : 1963
The Demand For Money written by Alan Arthur Walters and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with categories.
Two Papers On The Demand For Money
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Author : Alan Arthur Walters
language : en
Publisher:
Release Date : 1963
Two Papers On The Demand For Money written by Alan Arthur Walters and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with categories.
Two Essays In Financial And Monetary Economics
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Author : Sherman J. Ho
language : en
Publisher:
Release Date : 1999
Two Essays In Financial And Monetary Economics written by Sherman J. Ho and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Demand for money categories.
Survey Of Literature On Demand For Money
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Author : Mr.Subramanian S. Sriram
language : en
Publisher: International Monetary Fund
Release Date : 1999-05-01
Survey Of Literature On Demand For Money written by Mr.Subramanian S. Sriram and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-05-01 with Business & Economics categories.
A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been conducted in both industrial and developing countries to evaluate the determinants and the stability of the money demand function. This paper briefly reviews the theoretical work, tracing the contributions of several researchers beginning from the classical economists, and explains relevant empirical issues in modeling and estimating money demand functions. Notably, it summarizes the salient features of a number of recent studies that applied cointegration/error-correction models in the 1990s, and it features a bibliography to aid in research on demand for money.
Money
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Author :
language : en
Publisher:
Release Date : 1987
Money written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Demand for money categories.
This paper, prepared for the New Palgrave, attempts to summarize current mainstream views concerning the theory of money demand. A model is sketched in which a representative household is depicted as seeking to maximize utility over an infinite planting horizon, with each period's consumption and leisure appearing as arguments of the utility function. The household chooses to hold non-interest-bearing money, even in the presence of assets with positive pecuniary yields, because it facilitates transactions and thereby reduces the amount of time and/or energy required in the process of "shopping', i.e., acquiring goods to be consumed. Two distinct types of implied money-demand functions are derived: a "proper" demand function with arguments exogenous to the household and a portfolio balance relationship that is more similar in specification to the type of equation that normally appears in the money-demand literature. One section of the paper briefly reviews the historical evolution of ideas pertaining to money-demand theory, and suggests that major contributors have included Marshall, Hicks, and Sidrawki. A final section considers ongoing controversies concerning the role of uncertainty, the use of overlapping-generation and cash-in-advance approaches, and the interpretation of empirical results apparently suggestive of extremely slow portfolio adjustments.
The Demand For Money
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Author : Apostolos Serletis
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-06-08
The Demand For Money written by Apostolos Serletis and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-08 with Business & Economics categories.
This is the most comprehensive textbook available on the money demand function and its role in modern macroeconomics. The book takes a microeconomic- and aggregation-theoretic approach to the topic and presents empirical evidence using state-of-the-art econometric methodology, while recognizing the existence of unsolved problems and the need for further developments. The new edition is fully revised and includes new chapters.
Two Essays In Monetary Economics
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Author : P. D. Jonson
language : en
Publisher:
Release Date : 1978
Two Essays In Monetary Economics written by P. D. Jonson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with categories.
Money Demand In The Netherlands
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Author : Mr.Bob Traa
language : en
Publisher: International Monetary Fund
Release Date : 1991-06
Money Demand In The Netherlands written by Mr.Bob Traa and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-06 with Business & Economics categories.
This paper analyzes the demand for narrow money balances in the Netherlands. Demand for narrow money balances had increased markedly in relation to GNP in the Netherlands throughout the 1980s. This phenomenon could not be explained satisfactorily with traditional Goldfeld-type money demand functions which had performed well until that time. Drawing on advances in dynamic modeling from the error corrections and cointegration literature, and incorporating yield-curve effects and the exchange rate of the guilder with the U.S. dollar as additional monetary indicators significantly improves the performance of money demand estimates.
Money Demand In The Us And Japan
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Author : Dennis L. Hoffman
language : en
Publisher:
Release Date : 1991
Money Demand In The Us And Japan written by Dennis L. Hoffman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Demand for money categories.