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    Money Demand in Ireland 1972-1989: A Dynamic Equation


    Hurley, Margaret J. and Guiomard, Cathal (1990) Money Demand in Ireland 1972-1989: A Dynamic Equation. Economic and Social Review, 21 (4). pp. 387-407. ISSN 0012-9984

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    Abstract

    The relationship between the demand fir real money and its principal determinants is the vital link by which the actions of the monetary authorities affect the real economy. The estimation of money demand functions that are stable over a long period of time has traditionally, however, proved difficult.Here we attempt to overcome these difficulties by using econometric methods that analyse the time series properties of the data and that also rely on careful diagnostic testing. We achieve some success in estimating a relationship between real MS and a small number if determinants that appears to be satisfactorily stable over an 18 year period.

    Item Type: Article
    Keywords: Economics; Sociology; Money Demand; Ireland;
    Academic Unit: Faculty of Social Sciences > Economics, Finance and Accounting
    Item ID: 11412
    Depositing User: Margaret Hurley
    Date Deposited: 24 Oct 2019 15:28
    Journal or Publication Title: Economic and Social Review
    Publisher: ESRI
    Refereed: Yes
    URI:

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