haku: @indexterm Regression analysis / yhteensä: 420
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Tekijä:Heri, E.W.
Otsikko:Money demand regressions and monetary targeting theory and stylized evidence
Lehti:Schweizerische Zeitschrift für Volkswirtschaft und Statistik
1988 : VOL. 124:2, p. 123-149
Asiasana:REGRESSION ANALYSIS
SWITZERLAND
MONETARY ECONOMICS
Kieli:eng
Tiivistelmä:A report on a study concerning the stability of the demand for money, investigated empirically, using the Goldfeld specifications and whether such problems are encountered in Switzerland and the plausible explanations. It is shown that Goldfeld equations are not relevant in a money stock targeting environment and argument that a Goldfeld equation cannot be interpreted as instability in money demand, as this can be explained by changes in the reaction function on the part of the central bank. Four Tables and four Figures support the study, together with equations.
SCIMA tietueen numero: 69435
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