Demand for money: Total transactions as the scale variable

Howells, P. and Hussein, Khaled A. (1997) Demand for money: Total transactions as the scale variable. Economics Letters, 55 (3). pp. 371-377. ISSN 0165-1765. (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1016/S0165-1765(97)00071-2

Abstract

We examine the impact of a direct measure of total transactions in the UK economy on the demand for money by estimating three models (two with proxies for transactions) using the dynamics OLS cointegration technique. The total transactions measure outperforms both proxies.

Item Type: Article
Uncontrolled keywords: money demand; total transactions
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: M.A. Ziai
Date Deposited: 08 Jun 1914 07:37
Last Modified: 09 Jul 2014 14:13
Resource URI: http://kar.kent.ac.uk/id/eprint/18115 (The current URI for this page, for reference purposes)
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