Share and Export
Share and Export
Hurley, Margaret J. and Guiomard, Cathal (1989) Determinants of Money Demand in Ireland 1971 to 1988: Rounding up the Usual Suspects. Economic and Social Review, 21 (1). pp. 139-149. ISSN 0012-9984
Preview
MH_Determinants_1989.pdf
Download (820kB) | Preview
Abstract
The first question to be tackled when estimating such a function is to decide on the appropriate variables to be included. Conventional theory suggests that money demand should depend on some measure of economic activity, normally income, and some variable representing the opportunity cost of holding money, usually a short-term interest rate or an inflation rate. There is also the question of whether money should be defined broadly or narrowly. Here we take a pragmatic approach and state that the measures of money …
| Item Type: | Article |
|---|---|
| Keywords: | Money demand; Economic activity; Ireland; |
| Academic Unit: | Faculty of Social Sciences > Economics, Finance and Accounting |
| Item ID: | 11410 |
| Depositing User: | Margaret Hurley |
| Date Deposited: | 24 Oct 2019 15:23 |
| Journal or Publication Title: | Economic and Social Review |
| Publisher: | ESRI |
| Refereed: | Yes |
| Related URLs: | |
| URI: | https://mural.maynoothuniversity.ie/id/eprint/11410 |
| Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
Repository Staff Only (login required)
- Item control page
Downloads
Downloads per month over past year
