U.S. money demand: surprising cross-sectional estimates.

New estimates are supplied for the income elasticity of money demand. The study estimates cross-sectionally rather than with time series analysis the money demand functions of 48 U.S. states from 1929 to 1990. These equations demonstrate that income elasticity of demand deposits and of a broader m...

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Detalles Bibliográficos

Publicado en:	Brookings Papers on Economic Activity no. 2; pp. 285 - 330
Autores principales:	Mulligan, Casey B., Sala-I-Martin, Xavier
Formato:	Artículo
Publicado:	Brookings Institution Press 1992
Materias:	Demand for money Time series analysis Elasticity (Economics) History of money
Acceso en línea:	Ver este registro en EBSCOhost