Aggregate Money Demand Functions: Empirical Applications in Cointegrated Systems by A. Elipe
English | 31 July 2012, 1st ed. 1996 edition | ISBN: 9401073082 | 280 Pages | PDF | 9 MB
The econometric consequences of nonstationary data have wide-ranging implications for empirical research in economics. Specifically, these issues have implications for the study of empirical relations such as a money demand function that links macroeconomic aggregates: real money balances, real income and a nominal interest rate.