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Modelling the Monetary Multiplier and the Controllability of the Divisia Monetary Quantity Aggregates

Authors: Spindt, Paul A;

Modelling the Monetary Multiplier and the Controllability of the Divisia Monetary Quantity Aggregates

Abstract

Fama, Eugene, and Richard Roll, "Some Properties of Symmetric Stable Distributions," Journal of the American Statistical Association 63 (Sept. 1968), 817-838. ______ "Parameter Estimates for Symmetric Stable Distributions," Journal of the American Statistical Association 66 (June 1971), 331-338. Friedman, Daniel, and Stoddard Vandersteel, "Short-run Fluctuations in Foreign Exchange Rates: Evidence from the Data 1973-79," Journal of International Economics 13 (Aug. 1982), 171-186. Gnedenko, B. V., and A. N. Kolmogorov, Limit Distributions for Sums of Independent Random Variables (Reading, MA: Addison-Wesley, 1968). International Monetary Fund, International Monetary Fund Survev, various issues. Judge, George G., William E. Griffiths, R. Carter Hill, and Tsoung-Chao Lee, The Theory and Practice of Econometrics (New York: John Wiley and Sons, 1980). Kendall, Maurice G., and Alan Stuart, The Advanced Theory of Statistics, 2nd Edition, Vol. I (London: Charles Griffin and Co., 1963). Kindleberger, C. P., "The Benefits of International Money," Journal of International Economics 2 (Sept. 1972), 425-442. Mandelbrot, Benoit, " The Variation of Certain Speculative Prices," Journal of Business 36 (Oct. 1963), 394-419. McFarland, James W., R. Richardson Pettit, and Sam K. Sung, "The Distribution of Foreign Exchange Price Changes: Trading Day Effects and Risk Measurement," Journal of Finance 37 (June 1982), 693-715. Moulton (Westerfield), Janice, "An Estimation of Foreign Exchange Risk Under Fixed and Floating Rate Regimes," Journal of International Economics 7 (June 1977), 181-200. Rogalski, Richard J., and Joseph D. Vinso, "Empirical Properties of Foreign Exchange Rates," Journal of International Business Studies 9 (Fall 1978), 69-79. Roll, Richard, The Behavior of Interest Rates (New York: Basic Books, Inc., 1970). Schmidt, Peter, Econometrics (New York: Marcell Dekker, Inc., 1976).

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
4
Average
Average
Average
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