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Money Demand in the Netherlands

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  • Omtzigt Pieter

    (Department of Economics, University of Insubria, Italy)

Abstract

In this paper we discuss money demand in the Netherlands over the period 1979-1999. The model it with a VAR integrated of order two and use full maximumlikelihood for inference of testing. We find a stable money demand function over the period considered. It depends on the short term interest rate available to private investors, not the rate in the money market.

Suggested Citation

  • Omtzigt Pieter, 2002. "Money Demand in the Netherlands," Economics and Quantitative Methods qf0214, Department of Economics, University of Insubria.
    • Handle: RePEc:ins:quaeco:qf0214
    as

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    File URL: https://www.eco.uninsubria.it/RePEc/pdf/QF2002_26.pdf
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