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Monetary aggregation, rational expectations, and the demand for money in the United States

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  • Fisher, Douglas
  • Fleissig, Adrian R.
  • Serletis, Apostolos

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  • Fisher, Douglas & Fleissig, Adrian R. & Serletis, Apostolos, 1998. "Monetary aggregation, rational expectations, and the demand for money in the United States," The North American Journal of Economics and Finance, Elsevier, vol. 9(1), pages 1-13.
    • Handle: RePEc:eee:ecofin:v:9:y:1998:i:1:p:1-13
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    References listed on IDEAS

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    1. Hall, Robert E, 1978. "Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 971-987, December.
    2. Varian, Hal R, 1982. "The Nonparametric Approach to Demand Analysis," Econometrica, Econometric Society, vol. 50(4), pages 945-973, July.
    3. Lee A. Craig & Douglas Fisher, 1997. "The Demand for Money," Palgrave Macmillan Books, in: The Integration of the European Economy, 1850–1913, chapter 7, pages 160-186, Palgrave Macmillan.
    4. Frederic S. Mishkin, 1978. "Efficient-Markets Theory: Implications for Monetary Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 9(3), pages 707-752.
    5. William A. Barnett & Douglas Fisher & Apostolos Serletis, 2006. "Consumer Theory and the Demand for Money," World Scientific Book Chapters, in: Money And The Economy, chapter 1, pages 3-43, World Scientific Publishing Co. Pte. Ltd..
    6. Frederic S. Mishkin, 1983. "A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient-Markets Models," NBER Books, National Bureau of Economic Research, Inc, number mish83-1.
    7. Fisher, Douglas & Fleissig, Adrian R, 1997. "Monetary Aggregation and the Demand for Assets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(4), pages 458-475, November.
    8. Fisher, Douglas & McCrickard, Myra, 1992. "Rational expectations and the demand for money: A nonparametric approach," Journal of Macroeconomics, Elsevier, vol. 14(4), pages 573-591.
    9. Yi, Gang & Judge, George, 1988. "Statistical model selection criteria," Economics Letters, Elsevier, vol. 28(1), pages 47-51.
    10. Pesando, James E, 1979. "On the Random Walk Characteristics of Short- and Long-Term Interest Rates in an Efficient Market," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(4), pages 457-466, November.
    11. Rossiter, Rosemary, 1991. "The Demand for Money: A Rational Expectations Approach: A Comment," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 749-751, November.
    12. Douglas Fisher & Adrian Fleissig, 1994. "Money demand in a flexible dynamic Fourier expenditure system," Proceedings, Federal Reserve Bank of St. Louis, issue Mar, pages 117-128.
    13. Dutkowsky, Donald H & Foote, William G, 1991. "The Demand for Money: A Rational Expectations Approach: Reply," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 752-754, November.
    14. Kydland, Finn E & Prescott, Edward C, 1982. "Time to Build and Aggregate Fluctuations," Econometrica, Econometric Society, vol. 50(6), pages 1345-1370, November.
    15. Douglas Fisher & Adrian Fleissig, 1994. "Money demand in a flexible dynamic Fourier expenditure system," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 117-128.
    16. Fry, Maxwell J & Wadhwa, Wilma, 1991. "The Demand for Money: A Rational Expectations Approach: A Comment," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 747-749, November.
    17. Daniel L. Thornton & Piyu Yue, 1992. "An extended series of divisia monetary aggregates," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 35-52.
    18. William A. Barnett, 2000. "The User Cost of Money," Contributions to Economic Analysis, in: The Theory of Monetary Aggregation, pages 6-10, Emerald Group Publishing Limited.
    19. Dutkowsky, Donald H & Foote, William G, 1988. "The Demand for Money: A Rational Expectations Approach," The Review of Economics and Statistics, MIT Press, vol. 70(1), pages 83-92, February.
    20. Frederic S. Mishkin, 1983. "Introduction to "A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient-Markets Models"," NBER Chapters, in: A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient-Markets Models, pages 1-6, National Bureau of Economic Research, Inc.
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