THE SPEED OF ADJUSTMENT OF THE ACTUAL TO THE DESIRED MONEY STOCK: A Comparative Study.

This article examines whether there are significant differences in the speed of adjustment of the actual to the desired money stock among major industrialized countries. Demand for money functions, including a partial adjustment hypothesis, were estimated for the United States, United Kingdom, Canad...

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Bibliographic Details
Published in:European Economic Review Vol. 11; no. 2; pp. 181 - 207
Main Authors: Al-Khuri, Samir, Nsouli, Saleh M.
Format: Article
Published: Elsevier B.V. Aug78
Subjects:
Online Access:View this record in EBSCOhost