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Vol.5(1983) >

Please use this identifier to cite or link to this item: http://hdl.handle.net/10649/329

Title: 1970年代の米国貨幣需要関数
Other Titles: The U.S. money-demand function in the 1970's
Authors: 平田, 純一
Authors Affiliation: 長岡技術科学大学
Issue Date: 31-Jan-1984
Publisher: 長岡技術科学大学
Journal Title: 長岡技術科学大学研究報告
Volume: 5
Start page: 67
End page: 76
Abstract: In 1973, Goldfeld published an intensive study on the U.S. money-demand function for the post-World War 2 period. In this paper, he claimed that the simply specified money-demand function had perfumed very well over the sample period, especially the functional relationship had been quite stable. However, right after his paper was published, we began to observe that the U.S. money-demand function with the Golgfeld specification, continuously ‘’over’’ predicts the actual money demand. Since then, we have been looking for a stable U.S. money-demand function, but we haven’t gotten an acceptable one, yet. To make the story more complicated, the Federal Reserve Bord changed the definition of moetary aggregates in Fedruary 1980.
language: ja
Contents Version: publisher
URI: http://hdl.handle.net/10649/329
ISSN: 0388-5631
Appears in Collections:Vol.5(1983)

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