IDEAS home Printed from
   My bibliography  Save this article

Recent financial deregulation and the interest elasticity of M1 demand


  • Yash P. Mehra


No abstract is available for this item.

Suggested Citation

  • Yash P. Mehra, 1986. "Recent financial deregulation and the interest elasticity of M1 demand," Economic Review, Federal Reserve Bank of Richmond, issue Jul, pages 13-24.
  • Handle: RePEc:fip:fedrer:y:1986:i:jul:p:13-24:n:v.72no.4

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Phillip Cagan & Anna J. Schwartz, 1987. "Has the Growth of Money Substitutes Hindered Monetary Policy?," NBER Chapters,in: Money in Historical Perspective, pages 209-233 National Bureau of Economic Research, Inc.
    2. Plosser, Charles I. & Schwert*, G. William, 1978. "Money, income, and sunspots: Measuring economic relationships and the effects of differencing," Journal of Monetary Economics, Elsevier, vol. 4(4), pages 637-660, November.
    3. Thomas D. Simpson, 1984. "Changes in the Financial System: Implication for Monetary Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 15(1), pages 249-272.
    4. Spencer, David E, 1985. "Money Demand and the Price Level," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 490-496, August.
    5. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    6. Stephen M. Goldfeld, 1976. "The Case of the Missing Money," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 7(3), pages 683-740.
    7. Mehra, Yash P, 1978. "Is Money Exogenous in Money-Demand Equations," Journal of Political Economy, University of Chicago Press, vol. 86(2), pages 211-228, April.
    8. Lieberman, Charles, 1979. "Structural and Technological Change in Money Demand," American Economic Review, American Economic Association, vol. 69(2), pages 324-329, May.
    9. R. W. Hafer & Scott E. Hein, 1982. "Financial innovations and the interest elasticity of money demand: some historical evidence," Working Papers 1982-011, Federal Reserve Bank of St. Louis.
    10. Layson, Stephen K & Seaks, Terry G, 1984. "Estimation and Testing for Functional Form in First Difference Models," The Review of Economics and Statistics, MIT Press, vol. 66(2), pages 338-343, May.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Steven R. Cunningham, 1993. "The Relationship of Opportunity Cost to the Interest Elasticity of Money Demand," Eastern Economic Journal, Eastern Economic Association, vol. 19(3), pages 309-319, Summer.

    More about this item


    Money ; Interest rates;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedrer:y:1986:i:jul:p:13-24:n:v.72no.4. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Pascasio). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.