Journal: Economia Internazionale / International Economics,volume 59,issue 4,pages525-549
Subject: Panel unit root tests; Panel cointegration tests; International comparisons of money demand.
jel: jel:C12 | jel:E41 | jel:E50
This paper examines the demand for money using panel data for 48 countries over the 1980-95 time period. In our examination of the conventional money demand function, we begin by empirically exploiting traditional panel methodology and fi nd support for heterogeneity am... View more