INTEREST RATE SEASONALITY AND THE SPECIFICATION OF MONEY DEMAND FUNCTIONS.

This paper attempts to test the sensitivity of the interest rate coefficient in money demand functions to the use of adjusted and unadjusted data and particular methods of seasonal adjustment. The results suggest that the failure to account for interest rate seasonality when estimating a money deman...

Descripción completa

Detalles Bibliográficos
Publicado en:Review of Economics & Statistics Vol. 57; no. 2; pp. 252 - 256
Autores principales: Lombra, Raymond, Kaufman, Herbert M.
Formato: Artículo
Publicado: MIT Press May75
Materias:
Acceso en línea:Ver este registro en EBSCOhost