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THE STABILITY OF THE DEMAND FOR MONEY FUNCTION: THE EVIDENCE FROM QUARTERLY DATA.

The article focuses on the stability of the demand for money function. The issue of the stability of the demand for money is crucial for understanding of the underlying transmission mechanism of the monetary policy. In this regard it is not only necessary to specify the appropriate form of the money...

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Published in:Review of Economics & Statistics Vol. 58; no. 4; pp. 463 - 469
Main Authors: Laumas, G.S, Mehra, Y.P.
Format: Article
Published: MIT Press Nov76
Subjects:
Demand for money
Demand function
Economic demand
Monetary policy
Econometrics
Money supply
United States
Online Access:View this record in EBSCOhost