The demand for money remains one of the topics most extensively studied in macroeconomics. This article contributes to the debate on the money demand stability and presents further evidence of a structural shift in the US money demand function. The switching regression technique developed by...

Data Envelopment Analysis (DEA) techniques are applied to a state-level data set to measure the total factor productivity in US agriculture over 1960-1996. Total factor productivity is decomposed into input and output biased technological change, efficiency change, and scale change, under both...