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Test of the Adjustment Process and Linear Homogeneity in a Stock Adjustment Model of Money Demand

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  • Hwang, Hae-shin
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    Bibliographic Info

    Article provided by MIT Press in its journal Review of Economics & Statistics.

    Volume (Year): 67 (1985)
    Issue (Month): 4 (November)
    Pages: 689-92

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    Handle: RePEc:tpr:restat:v:67:y:1985:i:4:p:689-92

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    Web: http://mitpress.mit.edu/journal-home.tcl?issn=00346535

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    Cited by:
    1. Bali, Turan G., 2000. "U.S. money demand and the welfare cost of inflation in a currency-deposit model," Journal of Economics and Business, Elsevier, Elsevier, vol. 52(3), pages 233-258.
    2. Christian Dreger & Jürgen Wolters, 2008. "M3 Money Demand and Excess Liquidity in the Euro Area," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research 795, DIW Berlin, German Institute for Economic Research.
    3. Bali, Turan G. & Thurston, Thom, 2000. "Empirical estimates of inflation tax Laffer surfaces: a 30-country study," Journal of Development Economics, Elsevier, Elsevier, vol. 63(2), pages 529-546, December.
    4. Dreger, Christian & Wolters, Jürgen, 2010. "Investigating M3 money demand in the euro area," Journal of International Money and Finance, Elsevier, Elsevier, vol. 29(1), pages 111-122, February.
    5. repec:diw:diwfin:diwfin07011 is not listed on IDEAS
    6. C. Woo & J. Zarnikau & E. Kollman, 2012. "Exact welfare measurement for double-log demand with partial adjustment," Empirical Economics, Springer, Springer, vol. 42(1), pages 171-180, February.
    7. Christian Dreger & Jürgen Wolters, 2006. "Investigating M3 Money Demand in the Euro Area: New Evidence Based on Standard Models," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research 561, DIW Berlin, German Institute for Economic Research.
    8. Fair, Ray C, 1987. "International Evidence on the Demand for Money," The Review of Economics and Statistics, MIT Press, MIT Press, vol. 69(3), pages 473-80, August.
    9. Christian Dreger & Jürgen Wolters, 2010. "Money Demand and the Role of Monetary Indicators in Forecasting Euro Area Inflation," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research 1064, DIW Berlin, German Institute for Economic Research.
    10. Tin, Jan, 1999. "The impacts of racial differences on demand for financial assets," International Review of Financial Analysis, Elsevier, Elsevier, vol. 8(3), pages 269-282, March.
    11. Bali, Turan G. & Thurston, Thom B., 2006. "Inflation shoe leather costs and average inflation rates across countries," Journal of International Money and Finance, Elsevier, Elsevier, vol. 25(7), pages 1103-1129, November.
    12. Tin, Jan, 1999. "Short-run and long-run demand for financial assets A microeconomic perspective," International Review of Economics & Finance, Elsevier, Elsevier, vol. 8(4), pages 467-478, November.
    13. Richard Portes & Anita Santorum, 1987. "Money and the Consumption Goods Market in China," NBER Working Papers 2143, National Bureau of Economic Research, Inc.

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