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...
| Published in: | European Economic Review Vol. 11; no. 2; pp. 181 - 207 |
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| Main Authors: | , |
| Format: | Article |
| Published: |
Elsevier B.V.
Aug78
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |