Modeling the currency issue

Jerry Mushin ()

Atlantic Economic Journal, 1998, vol. 26, issue 3, 252-258

Abstract: This paper, which includes a critique of an article that appeared in the [New Zealand] Reserve Bank Bulletin, considers the difficulties of building a forecasting model of the optimum structure of the currency (that is, notes and coins) in circulation. The reviewed model leads to predictions that are not consistent with recent experience and there are theoretical objections to the specification of both the independent and the dependent varibles. Alternative approaches are explored, but the conclusion is that this aspect of money is probably not amenable to mathematical modeling. Copyright International Atlantic Economic Society 1998

Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.1007/BF02299343 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:atlecj:v:26:y:1998:i:3:p:252-258

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11293/PS2

DOI: 10.1007/BF02299343

Access Statistics for this article

Atlantic Economic Journal is currently edited by Kathleen S. Virgo

More articles in Atlantic Economic Journal from Springer, International Atlantic Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().