Human and Nonhuman Wealth in Demand-for-Money Functions.

Using Kendrick's recently published data on human and nonhuman wealth in the United States, log-linear money demand functions of the "partial adjustment" variety are estimated by introducing in each nonhuman, total, or human wealth as the scale or the "constraint" variable. It is found that the long...

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Detalles Bibliográficos
Publicado en:Journal of Political Economy Vol. 88; no. 1; pp. 186 - 194
Autores principales: Laumas, G. S., Ham, Rati
Formato: Artículo
Publicado: University of Chicago Press Feb80
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Acceso en línea:Ver este registro en EBSCOhost