The behavior of velocity and nominal interest rates in a cash-in-advance model

Journal of Macroeconomics

Volumn 18, Issue 3, 1996, Pages 463-478

  Basu, Parantap ^a   Dua, Pami ^b  

^a FORDHAM UNIVERSITY   (United States)

^b UNIVERSITY OF CONNECTICUT   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0030496063     PISSN: 01640704     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0164-0704(96)80032-2     Document Type: Article

References (20)

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11. Ireland, Peter N. "Money and Growth: An Alternative Approach." American Economic Review 84, no. 1 (1994): 47-65.
12. Johansen, Soren, and Katarina Juselius. "Maximum Likelihood Estimation and Inference on Cointegration-With Applications to the Demand for Money." Oxford Bulletin of Economics and Statistics 52, 2 (1990): 169-211.
13. Laidler, David E. W. "The Demand for Money in the United States - Yet Again." On the State of Macroeconomics, edited by Karl Brunner and Alan Meltzer, Carnegie Rochester Conference Series on Public Policy, Vol. 12, Amsterdam, North-Holland, 1980.
14. Lucas, Robert E., Jr. Models of Business Cycles. Cambridge: Basil Blackwell, 1987.
15. Lucas, Robert E., Jr., and Nancy L. Stokey. "Money and Interest in a Cash-in-Advance Economy." Econometrica 55 (1987): 491-513.
16. MacKinnon, James. "Critical Values for Cointegration Tests." Long-Run Economic Relationships: Readings in Cointegration, edited by Robert F. Engle and C.W.J. Granger. New York: Oxford University Press, 1991.
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20. Rich, Robert W., and Kevin D. Salyer. "Tests of Two General Equilibrium Models of Velocity." Vanderbilt University, reproduced, 1990.