In this paper an empirically stable money demand model for M3 in Germany is presented. The sample period 1975±94 includes German uni®cation. It is shown that this development has not substantially destabilized money demand. Parameter stability is extensively tested and not rejected. Applying encompa
✦ LIBER ✦
Money demand in Europe: Editors' preface
✍ Scribed by Helmut Lütkepohl; Jürgen Wolters
- Publisher
- Springer-Verlag
- Year
- 1998
- Tongue
- English
- Weight
- 243 KB
- Volume
- 23
- Category
- Article
- ISSN
- 0377-7332
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