HOUSING WEALTH AND U.S. MONEY DEMAND: A PANEL ESTIMATION.

This article estimates a panel model for U.S. money demand using annual state-level data for the period from 1977 to 2008. We incorporate housing wealth in the demand-for-money function and find strong evidence of a relationship between a broad monetary aggregate and housing wealth. This finding is...

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Detalles Bibliográficos

Publicado en:	Contemporary Economic Policy Vol. 29; no. 3; pp. 382 - 392
Autores principales:	ARNOLD, IVO J. M., ROELANDS, SEBASTIAN
Formato:	Artículo
Publicado:	Wiley-Blackwell Jul2011
Materias:	United States Money supply Business cycles Housing finance Demand for money Home prices Real estate business
Acceso en línea:	Ver este registro en EBSCOhost