A Keynes-Friedman Money Demand Function.

This article examines the Keynes-Friedman model of money demand function. The Keynes-Friedman approach leads to money demand being a function of a modified exponentially weighted average of income, which measures finance requirements. The model distinguishes between short-run and long-run expected i...

Full description

Bibliographic Details

Published in:	American Economic Review Vol. 65; no. 4; pp. 610 - 624
Main Authors:	Meyer, Paul A., Neri, John A.
Format:	Article
Published:	American Economic Association Sep75
Subjects:	Mathematical models of economics Economic models Demand for money Economic demand Income Keynesian economics
Online Access:	View this record in EBSCOhost