The Demand for Money and Monetary Adjustments in Chile.

This paper presents evidence on the demand for money in Chile for the period 1935 to 1963. Ibis economy has experienced a growth history and a monetary history that are quite different from those of the United States and many other western countries. However, the economic structure appears to be suf...

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Detalles Bibliográficos
Publicado en:Review of Economic Studies Vol. 34; no. 3; pp. 285 - 294
Autor principal: Hynes, Allan
Formato: Artículo
Publicado: Oxford University Press / USA Jul67
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      pub: Oxford University Press / USA
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        atl: The Demand for Money and Monetary Adjustments in Chile.
      aug:
        au: Hynes, Allan
        affil: University of Washington
      su:
        Demand for money
        Liquidity (Economics)
        Money & economics
        Demand function
        Economic conditions in Chile
        Economic structure
        Least squares
        Real income
        Chile
      sug:
        subj:
          Chile
          Demand for money
          Liquidity (Economics)
          Money & economics
          Demand function
          Economic conditions in Chile
          Economic structure
          Least squares
          Real income
      ab: This paper presents evidence on the demand for money in Chile for the period 1935 to 1963. Ibis economy has experienced a growth history and a monetary history that are quite different from those of the United States and many other western countries. However, the economic structure appears to be sufficiently similar to those of more developed economies that comparisons may be made between the results of this study and those obtained elsewhere. Chile offers a particularly interesting experiment for the study of monetary phenomena because the variables that are of critical interest—real money balances, real income, and the cost of holding money—have undergone large variation through time and thus provide an excellent set of observations for statistical analysis. The movements of the important variables are summarized in Table I.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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          year: 1967
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