Money Demand in the United States
This paper considers the demand for various monetary aggregates with a view to assessing their potential roles as intermediate variables for monetary policy. Illustrative estimates using a generalized autoregressive distributed lag model are presented. For M1, the results support an "error corr...
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| Corporate Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1988
Washington, D.C. : 1988 |
| Series: | IMF Working Papers; Working Paper ;
No. 1988/086 IMF eLibrary |
| Subjects: | |
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