| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060874 | Economics Letters | 2011 | 4 Pages |
Abstract
⺠In this paper we formally test the structural stability of long-run money demand. ⺠Using new econometric methods, we find that there are two regime changes. ⺠The interest semi-elasticity experiences a sharp rise during 1932-1952.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Yiming Wang,