The Demand for Money in Japan, the United Kingdom, West Germany and the USA: An Empirical Study of the Evidence since 1973

Herbert Buscher and Stephen F. Frowen

Chapter 6 in Monetary Theory and Monetary Policy, 1993, pp 123-164 from Palgrave Macmillan

Abstract: Abstract Since Goldfeld’s (1973. 1976) case of the missing money, the demand for money has again become a cornerstone in applied and theoretical economics. Immediately after the Goldfeld papers a huge bulk of empirical studies investigating the stability of the demand for money for various countries and different time periods have been performed.1

Keywords: Interest Rate; Inflation Rate; Money Demand; Financial Innovation; Monetary Aggregate (search for similar items in EconPapers)
Date: 1993
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DOI: 10.1007/978-1-349-23096-9_10

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