I(2) representations of US money demand

Stefan C. Norrbin, Kevin Reffett

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

Researchers have found success in estimating I(2) representations of money demand for other countries. Using a general equilibrium cash-credit model, an I(2) model for the United States is tested. No bias is found from treating the variables as I(1).

Original languageEnglish (US)
Pages (from-to)415-423
Number of pages9
JournalEconomics Letters
Volume49
Issue number4
DOIs
StatePublished - 1995
Externally publishedYes

Fingerprint

Cash
Money demand
Credit model
General equilibrium
Demand for money

Keywords

  • CCR
  • Cointegration
  • Money demand

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

I(2) representations of US money demand. / Norrbin, Stefan C.; Reffett, Kevin.

In: Economics Letters, Vol. 49, No. 4, 1995, p. 415-423.

Research output: Contribution to journalArticle

Norrbin, Stefan C. ; Reffett, Kevin. / I(2) representations of US money demand. In: Economics Letters. 1995 ; Vol. 49, No. 4. pp. 415-423.
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