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

In: Monetary Theory and Monetary Policy

Author

Listed:
  • Herbert Buscher
  • Stephen F. Frowen

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

Suggested Citation

  • Herbert Buscher & Stephen F. Frowen, 1993. "The Demand for Money in Japan, the United Kingdom, West Germany and the USA: An Empirical Study of the Evidence since 1973," Palgrave Macmillan Books, in: Stephen F. Frowen (ed.), Monetary Theory and Monetary Policy, chapter 6, pages 123-164, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-23096-9_10
    DOI: 10.1007/978-1-349-23096-9_10
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    Cited by:

    1. Scharnagl, Michael, 1996. "Monetary aggregates with special reference to structural changes in the financial markets," Discussion Paper Series 1: Economic Studies 1996,02e, Deutsche Bundesbank.
    2. Afsin Sahin, 2013. "Estimating Money Demand Function by a Smooth Transition Regression Model: An Evidence for Turkey," Working Papers 791, Economic Research Forum, revised Nov 2013.

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