An Investigation of the Demand for Money in the United States Using the Permanent Income Hypothesis, Selected Interest Rates, and Monthly Data

An Investigation of the Demand for Money in the United States Using the Permanent Income Hypothesis, Selected Interest Rates, and Monthly Data PDF Author: Donald Lee Campbell
Publisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 122

Get Book Here

Book Description

An Investigation of the Demand for Money in the United States Using the Permanent Income Hypothesis, Selected Interest Rates, and Monthly Data

An Investigation of the Demand for Money in the United States Using the Permanent Income Hypothesis, Selected Interest Rates, and Monthly Data PDF Author: Donald Lee Campbell
Publisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 122

Get Book Here

Book Description


Permanent Income Hypothesis, Interest Rates and the Demand for Money

Permanent Income Hypothesis, Interest Rates and the Demand for Money PDF Author: George Macesich
Publisher:
ISBN:
Category : Interest
Languages : en
Pages : 84

Get Book Here

Book Description


Long-run Income and Interest Elasticities of Money Demand in the United States

Long-run Income and Interest Elasticities of Money Demand in the United States PDF Author: Dennis Hoffman
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 56

Get Book Here

Book Description
This study investigates the stability of long-run log-linear demand functions for narrowly defined monetary aggregates (M1, Monetary Base) in the U.S. during the post World War II period. The hypotheses that the individual time series which appear in such equations (real M1, real Monetary Base, real Personal Income and short-term and long-term nominal interest rates) all have unit roots cannot be rejected. The primary conclusion of this study is that with proper attention to the time series properties of the available data, there exists strong evidence in support of a stable equilibrium demand function for real balances in the post-World War II U.S. economy. The hypothesis of a unitary equilibrium real income elasticity (a velocity function) cannot be rejected. Further, the estimates of equilibrium interest elasticities are approximately -.5 to -.6 for real M1 and -.4 to -.5 for real monetary base. The estimated interest elasticities are significantly different statistically depending on whether long- term or short-term interest rates are used, but the observed differences in these estimates are not of economic significance.

Survey of Literature on Demand for Money

Survey of Literature on Demand for Money PDF Author: Mr.Subramanian S. Sriram
Publisher: International Monetary Fund
ISBN: 1451848544
Category : Business & Economics
Languages : en
Pages : 78

Get Book Here

Book Description
A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been conducted in both industrial and developing countries to evaluate the determinants and the stability of the money demand function. This paper briefly reviews the theoretical work, tracing the contributions of several researchers beginning from the classical economists, and explains relevant empirical issues in modeling and estimating money demand functions. Notably, it summarizes the salient features of a number of recent studies that applied cointegration/error-correction models in the 1990s, and it features a bibliography to aid in research on demand for money.

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report PDF Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692

Get Book Here

Book Description
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Studies in the Quantity Theory of Money

Studies in the Quantity Theory of Money PDF Author: Milton Friedman
Publisher:
ISBN:
Category :
Languages : en
Pages : 265

Get Book Here

Book Description


National Saving and Economic Performance

National Saving and Economic Performance PDF Author: B. Douglas Bernheim
Publisher: University of Chicago Press
ISBN: 9780226044040
Category : Business & Economics
Languages : en
Pages : 408

Get Book Here

Book Description
"... Papers presented at a conference held at the Stouffer Wailea Hotel, Maui, Hawaii, January 6-7, 1989. ... part of the Research on Taxation program of the National Bureau of Economic Research." -- p. ix.

Weekly Weather and Crop Bulletin

Weekly Weather and Crop Bulletin PDF Author:
Publisher:
ISBN:
Category : Crops and climate
Languages : en
Pages : 32

Get Book Here

Book Description


The Demand for Money

The Demand for Money PDF Author: Milton 1912- Friedman
Publisher: Hassell Street Press
ISBN: 9781013894848
Category :
Languages : en
Pages : 40

Get Book Here

Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Social Science Research

Social Science Research PDF Author: Anol Bhattacherjee
Publisher: CreateSpace
ISBN: 9781475146127
Category : Science
Languages : en
Pages : 156

Get Book Here

Book Description
This book is designed to introduce doctoral and graduate students to the process of conducting scientific research in the social sciences, business, education, public health, and related disciplines. It is a one-stop, comprehensive, and compact source for foundational concepts in behavioral research, and can serve as a stand-alone text or as a supplement to research readings in any doctoral seminar or research methods class. This book is currently used as a research text at universities on six continents and will shortly be available in nine different languages.