Does interest rate volatility affect the US M1 demand function? Evidence from cointegration.

A study was conducted to examine the long-run demand for U.S. real M1 in the post Second World War period (1954-96) in an effort to determine whether interest rate volatility affects the U.S. M1 demand function. The empirical investigation was undertaken using Johansen multivariate cointegration te...

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Detalles Bibliográficos

Publicado en:	Manchester School (14636786) Vol. 67; no. 6; pp. 621 - 649
Autor principal:	Choudhry, Taufiq
Formato:	Artículo
Publicado:	Wiley-Blackwell December 1999
Materias:	ARCH model (Econometrics) Demand for money Price inflation History Interest (Finance) History of money Political corruption United States Russia
Acceso en línea:	Ver este registro en EBSCOhost