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Dynamic adjustment in the demand for money: tests of alternative hypotheses

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  • John P. Judd
  • John L. Scadding

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  • John P. Judd & John L. Scadding, 1982. "Dynamic adjustment in the demand for money: tests of alternative hypotheses," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 19-30.
  • Handle: RePEc:fip:fedfer:y:1982:i:fall:p:19-30
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    References listed on IDEAS

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    1. William J. Baumol, 1952. "The Transactions Demand for Cash: An Inventory Theoretic Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 66(4), pages 545-556.
    2. Carr, Jack & Darby, Michael R., 1981. "The role of money supply shocks in the short-run demand for money," Journal of Monetary Economics, Elsevier, vol. 8(2), pages 183-199.
    3. John P. Judd & John L. Scadding, 1979. "Conducting effective monetary policy: the role of operating instruments," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 23-37.
    4. Merton H. Miller & Daniel Orr, 1966. "A Model of the Demand for Money by Firms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(3), pages 413-435.
    5. John L. Scadding, 1979. "Estimating the underlying inflation rate," Economic Review, Federal Reserve Bank of San Francisco, issue Spr, pages 7-18.
    6. Starleaf, Dennis R, 1970. "The Specification of Money Demand-Supply Models Which Involve the Use of Distributed Lags," Journal of Finance, American Finance Association, vol. 25(4), pages 743-760, September.
    7. Darby, Michael R, 1972. "The Allocation of Transitory Income Among Consumers' Assets," American Economic Review, American Economic Association, vol. 62(5), pages 928-941, December.
    8. Coats, Warren L, Jr, 1982. "Modeling the Short-Run Demand for Money with Exogenous Supply," Economic Inquiry, Western Economic Association International, vol. 20(2), pages 222-239, April.
    9. Laidler, David, 1980. "The demand for money in the United States-- Yet again," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 12(1), pages 219-271, January.
    10. Modigliani, Franco & Rasche, Robert & Cooper, J Philip, 1970. "Central Bank Policy, the Money Supply, and the Short-Term Rate of Interest," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 2(2), pages 166-218, May.
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    Keywords

    Demand for money; Econometric models;

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