The Stability of the M2 Demand Function: Evidence from an Error-Correction Model
This note presents an error-correction model of M2 demand. The Chow test indicates that the M2 demand function is stable over the sample period 1953Q1 to 1991Q2. Copyright 1993 by Ohio State University Press.
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Volume (Year): 25 (1993)
Issue (Month): 3 (August)
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