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.
Volume (Year): 25 (1993)
Issue (Month): 3 (August)
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