A Comparison of Money Demand in Four Industrialized Countries Using Seemingly Unrelated Regressions
In this study, the possibility that money demand of one country might be affected by macroeconomic activities of other countries is investigated. We use the seemingly unrelated regression (SUR) technique, which takes into account all covariances between residuals of country-specific money demand equ...
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Format: | Others |
Language: | English |
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North Texas State University
1987
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Online Access: | https://digital.library.unt.edu/ark:/67531/metadc330950/ |