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Which Road Leads to Stable Money Demand?

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  • Barnett, William A

Abstract

This paper denies that the demand for money function is any more unstable than other demand functions and maintains that the controversies regarding unstable money demand are produce by poor methodology that is not shared by other areas of the field of economics, when investigating demand function properties.
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  • Barnett, William A, 1997. "Which Road Leads to Stable Money Demand?," Economic Journal, Royal Economic Society, vol. 107(443), pages 1171-1185, July.
    • Handle: RePEc:ecj:econjl:v:107:y:1997:i:443:p:1171-85
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