An alternate method of estimating the Cagan money demand function in hyperinflation under rational expectations
AbstractThis paper contains a description and implementation of a new strategy for estimating the Cagan money demand function under rational expectations.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Monetary Economics.
Volume (Year): 9 (1982)
Issue (Month): 1 ()
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Web page: http://www.elsevier.com/locate/inca/505566
Other versions of this item:
- Marvin Goodfriend, 1979. "An alternative method of estimating the Cagan money demand function in hyperinflation under rational expectations," Working Paper 79-05, Federal Reserve Bank of Richmond.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Barro, Robert J., 1970.
"Inflation, the Payments Period, and the Demand for Money,"
3451392, Harvard University Department of Economics.
- Barro, Robert J, 1970. "Inflation, the Payments Period, and the Demand for Money," Journal of Political Economy, University of Chicago Press, vol. 78(6), pages 1228-63, Nov.-Dec..
- Alexei Deviatov & Neil Wallace, 2006. "Estimating a Cagan-type demand function for gold: 1561-1913," Working Papers w0080, Center for Economic and Financial Research (CEFIR).
- Peter M. Garber & Robert G. King, 1983. "Deep Structral Excavation? A Critique of Euler Equation Methods," NBER Technical Working Papers 0031, National Bureau of Economic Research, Inc.
- Tracy Yue Wang & David Hirshleifer & Bing Han, 2010.
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- Han, Bing & Hirshleifer, David & Wang, Tracy, 2005. "Investor Overconfidence and the Forward Discount Puzzle," MPRA Paper 6497, University Library of Munich, Germany, revised Dec 2007.
- Han, Bing & Hirshleifer, David & Wang, Tracy Yue, 2005. "Investor Overconfidence and the Forward Discount Puzzle," Working Paper Series 2005-21, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Mark A. Hooker, 1997. "Misspecification versus bubbles in hyperinflation data: Monte Carlo and interwar European evidence," Finance and Economics Discussion Series 1997-49, Board of Governors of the Federal Reserve System (U.S.).
- Dimitris Georgoutsos & Georgios Kouretas, 2004.
"A Multivariate I(2) cointegration analysis of German hyperinflation,"
Applied Financial Economics,
Taylor & Francis Journals, vol. 14(1), pages 29-41.
- Dimitris Georgoutsos & George Kouretas, 2000. "A Multivariate I(2) Cointegration Analysis Of German Hyperinflation," Working Papers 0001, University of Crete, Department of Economics, revised 00 Jul 2001.
- Chan, Hing Lin & Lee, Shu Kam & Woo, Kai-Yin, 2003. "An empirical investigation of price and exchange rate bubbles during the interwar European hyperinflations," International Review of Economics & Finance, Elsevier, vol. 12(3), pages 327-344.
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