Endogenous money supply and money demand /
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| Author / Creator: | Choi, Woon Gyu, 1960- |
|---|---|
| Imprint: | [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2000. |
| Description: | 1 online resource (34 pages) : illustrations |
| Language: | English |
| Series: | IMF working paper ; WP/00/188 IMF working paper ; WP/00/188. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497899 |
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| 050 | 4 | |a HG3881.5.I58 |b W67 no.00/188 | |
| 100 | 1 | |a Choi, Woon Gyu, |d 1960- |0 http://id.loc.gov/authorities/names/no96028709 | |
| 245 | 1 | 0 | |a Endogenous money supply and money demand / |c prepared by Woon Gyu Choi and Seoghwan Oh. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, IMF Institute, |c ©2000. | ||
| 300 | |a 1 online resource (34 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper ; |v WP/00/188 | |
| 504 | |a Includes bibliographical references (pages 28-31). | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 588 | 0 | |a Print version record. | |
| 520 | |a The conventional money demand literature has treated the money supply as exogenously given. It is well known, however, that some endogeneity of the money supply arises due to financial innovations and endogenous monetary policy. Dotsey (1984) shows empirically and Ireland (1992) shows theoretically that financial innovations affect money demand. On the other hand, Laidler (1993, p. 187) insightfully suggests that considerable turbulence in the conduct of monetary policy may have affected the stability of money demand since the 1970s. Endogeneity of the money supply renders the conventional money demand function misspecified (e.g., Cogley, 1993) and, indeed, may have been the primary cause of money demand instability during the past two decades as shown in Goldfeld and Sichel(1990). | ||
| 546 | |a English. | ||
| 650 | 0 | |a Money supply |x Econometric models. | |
| 650 | 0 | |a Demand for money |x Econometric models. | |
| 650 | 0 | |a Monetary policy |x Econometric models. | |
| 650 | 6 | |a Masse monétaire |x Modèles économétriques. | |
| 650 | 6 | |a Monnaie |x Demande |x Modèles économétriques. | |
| 650 | 6 | |a Politique monétaire |x Modèles économétriques. | |
| 650 | 7 | |a Demand for money |x Econometric models. |2 fast |0 (OCoLC)fst00890034 | |
| 650 | 7 | |a Monetary policy |x Econometric models. |2 fast |0 (OCoLC)fst01025234 | |
| 650 | 7 | |a Money supply |x Econometric models. |2 fast |0 (OCoLC)fst01025347 | |
| 655 | 4 | |a Electronic books. | |
| 700 | 1 | |a Oh, Seonghwan. | |
| 710 | 2 | |a International Monetary Fund. |0 http://id.loc.gov/authorities/names/n81052755 | |
| 710 | 2 | |a IMF Institute. |0 http://id.loc.gov/authorities/names/n81065613 | |
| 776 | 0 | 8 | |i Print version: |a Choi, Woon Gyu, 1960- |t Endogenous money supply and money demand. |d [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2000 |w (OCoLC)45710268 |
| 830 | 0 | |a IMF working paper ; |v WP/00/188. |0 http://id.loc.gov/authorities/names/no89010263 | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2000/188/001.2000.issue-188-en.xml |y INTERNATIONAL MONETARY FUND |
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