Bordo, Michael D; Jonung, Lars; Siklos, Pierre L - In: Economic Inquiry 35 (1997) 4, pp. 710-24
The authors study common features in the income velocity of money, income, and interest rates for Canada, the United States, the United Kingdom, Sweden, and Norway using annual data from 1870. The recently developed and refined techniques of testing for cointegration are employed. The evidence...
