Narrow search
Showing 1 - 10 of 792
Cover Image
Expectational Diversity in Monetary Economics.
Brock, W.A.; de Fontnouvelle, P. - Wisconsin Madison - Social Systems - 1996
We investigate an overlapping generations monetary economy in which agents'expectations depend upon backward looking predictors of the future price level.
Persistent link: https://www.econbiz.de/10005209389
Cover Image
The Transactions Demand for Money and the Value of Time: Some Empirical Evidence.
Love, D.R.F. - Department of Economics, Brock University - 1995
Persistent link: https://www.econbiz.de/10005828354
Cover Image
Is There a Stable Money Demand Equation at the Community Level? -Evidence, Using a Cointegration Analysis Approach, for the Euro-Zone Countries and for the Community as a Whole-.
McMorrow, K. - Directorate-General Economic and Financial Affairs, … - 1998
A stable and predictable demand for money function is a pre-requisite for the use of targets for monetary aggregates as … themselves in the estimation of such money functions, empirical interest has been renewed over the last decade driven by the … belief that a stable long-run money demand relationship continues to exist. This revival of activity in this area was aided …
Persistent link: https://www.econbiz.de/10005486890
Cover Image
Fiat Exchange in Finite Economies.
Kovenock, D.; De Vries, C.G. - Krannert School of Management, Purdue University - 1995
Persistent link: https://www.econbiz.de/10005739799
Cover Image
Private Money and Reserve Management in a Random Matching Model.
Cavalcanti, R.; Erosa, A.; Temzelides, T. - University of Western Ontario, Department of Economics - 1997
We introduce an element of centralization in a random matching model of money that allows for private liabilities to …
Persistent link: https://www.econbiz.de/10005515496
Cover Image
Real and Spurious Long Memory Properties of Stock Market Data.
Lobato, I.N.; Savin, N.E. - Department of Economics, Tippie College of Business - 1996
We test for the presence of long memory in daily stock returns and their squares using a robust semiparametric procedure. Spurious results can be produced by nonstationarity and aggregation.
Persistent link: https://www.econbiz.de/10005233330
Cover Image
Power of tests in Binary Response Models.
Savin, N.E.; Wurtz, A. - Department of Economics, Tippie College of Business - 1996
Most hypotheses in binary response models are composite. The null hypothesis is usually that one or more slope coefficients are zero. Typically, the sequence of alternatives of interest is one in which the slope coefficients are increasing in absolute value. In this papar, we prove that the...
Persistent link: https://www.econbiz.de/10005233331
Cover Image
Bootstrap Methods for Covariance Structure.
Horowitz, J.L. - Department of Economics, Tippie College of Business - 1996
The optimal minimum distance (OMD) estimator for models of covariance structure is asymptotically efficient but has much worse finite-sample properties than does the equally-weighted minimum distance (EWMD) estimator. This paper shows how the bootstrap can be used to improve the finite-sample...
Persistent link: https://www.econbiz.de/10005233334
Cover Image
Measuring Productivity Differences in Equilibrium Search Models.
Neumann, G.R.; Lanot, G. - Department of Economics, Tippie College of Business - 1996
This paper makes two contributions to the literature on equilibrium search models. We cast the problem of determining the number of productivity types into a search for modes of the wage distribution and we use recent techniques of mode hunting to estimate the number and location of these modes.
Persistent link: https://www.econbiz.de/10005233338
Cover Image
Exchange Rate Regimes and Shfts in Inflation Persistence: Does Nothing Else Matter?
Burdekin, R.C.K.; Siklos, P.L. - Department of Economics, School of Business and Economics - 1997
This paper re-examines the findings of Alogoskoufis and Smith (1991), who argue that sharp increases in inflation persistence can be attributed to changes in the exchange rate regime. Using long time series data from the United Kingdom, the United States, Canada and Sweden, we suggest that these...
Persistent link: https://www.econbiz.de/10005242933