𝔖 Bobbio Scriptorium
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The Demand for Broad Money in the United Kingdom, 1878–1993

✍ Scribed by Neil R. Ericsson; David F. Hendry; Kevin M. Prestwich


Book ID
108535413
Publisher
John Wiley and Sons
Year
1998
Tongue
English
Weight
836 KB
Volume
100
Category
Article
ISSN
0347-0520

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## Abstract In this paper we reconsider an error‐correction model of UK broad money demand by Ericsson, Hendry and Prestwich. Their model is non‐linear in both variables and parameters, and it can be viewed as an approximation to a smooth transition regression (STR) type specification. The correspo