Artigo Revisado por pares

MONEY DEMAND IN ITALY: A FEW MORE RESULTS *

1984; Wiley; Volume: 52; Issue: 2 Linguagem: Inglês

10.1111/j.1467-9957.1984.tb00775.x

ISSN

1467-9957

Autores

S. Calliari, Franco Spinelli, Giovanni Verga,

Tópico(s)

Economic Theory and Policy

Resumo

The Manchester SchoolVolume 52, Issue 2 p. 141-159 MONEY DEMAND IN ITALY: A FEW MORE RESULTS * SERGIO CALLIARI, SERGIO CALLIARI Banca Commerciale ItalianaSearch for more papers by this authorFRANCO SPINELLI, FRANCO SPINELLI International Monetary Fund, Washington, D.C.Search for more papers by this authorGIOVANNI VERGA, GIOVANNI VERGA Catholic University in MilanSearch for more papers by this author SERGIO CALLIARI, SERGIO CALLIARI Banca Commerciale ItalianaSearch for more papers by this authorFRANCO SPINELLI, FRANCO SPINELLI International Monetary Fund, Washington, D.C.Search for more papers by this authorGIOVANNI VERGA, GIOVANNI VERGA Catholic University in MilanSearch for more papers by this author First published: June 1984 https://doi.org/10.1111/j.1467-9957.1984.tb00775.xCitations: 4 * Manuscript received 18.6.82; final version received 24.6.83. AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat Reference Al-Khuri, S. and Nsouli, S. M. (1978). “The Speed of Adjustment of the Actual to the Desired Money Stock. A Comparative Study”, European Economic Review, Vol. 11, No. 2, pp. 181–206. Artis, M. J. and Lewis, M. K. (1976). “The Demand for Money in the United Kingdom: 1963–1973”, The Manchester School, Vol. 44, No. 2, pp. 147–81. Bank of Italy. (1979). Settore Monetario e Finanziario, Rome , Bank of Italy. Boughton, J. M. (1979). “ Demand for Money in Major OECD Countries”, OECD Occasional Studies, pp. 35–57. Bowsher, N. N. (1980). “The Demand for Currency: Is the Underground Economy Undermining Monetary Policy?”, Federal Reserve Bank of St. Louis Review, Vol. 62, No. 1, pp. 11–17. Box, G. E. P. and Cox, D. R. (1964). “An Analysis of Transformations”, Journal of the Royal Statistical Society, Series B, Vol. 26, No. 2, pp. 211–43. Box, G. E. P. and Pierce, D. A. (1970). “Distribution of Residual Autocorrelations in Autoregressive-Integrated Moving Average Time Series Models”, Journal of the American Statistical Association, Vol. 65, No. 332, pp. 1509–1526. Cagan, P. and Schwartz, A. J. (1975). “Has the Growth of Money Substitutes Hindered Monetary Policy?”, Journal of Money, Credit and Banking, Vol. 7, No. 2, pp. 137–60. Calliari, S., Spinelli, F. and Verga, G. (1981). “ Studies of the Demand for Money in Italy: A Critique”, Banca Commerciale Italiana Discussion Paper.. Canarella, G. and Roseman, R. M. (1978). “The Demand for Money: Some Evidence from Western Europe”, Schweizerische Zeitschrift für Volks-wirtschaft und Statistik, Vol. 114, No. 1, pp. 9–16. Cotula, F. (1970). La Domanda di Moneta, Rome , Bank of Italy. ĎAdda, C. (1976). “Le Relazioni Monetarie e il Costo delle Deflazioni” in ĎAdda Carlo et al., (eds.), II Modello di Bologna, Bologna , II Mulino. Demery, D. and Duck, N. W. (1978). “The Behaviour of Nominal Interest Rates in the United Kingdom, 1961–1973”, Economica, Vol. 45, No. 177, pp. 23–37. Durbin, J. (1970). “Testing for Serial Correlation in Least-Squares Regression when some of the Regressors are Lagged Dependent Variables”, Econometrica, Vol. 38, No. 3, pp. 410–21. Dutton, D. S. (1971). “The Demand for Money and the Price Level”, Journal of Political Economy, Vol. 79, No. 5, pp. 1161–70. Enzler, J. et al. (1976). “Some Problems of Money Demand”, Brookings Papers on Economic Activity, No. 1, pp. 261–80. Fase, M. M. and den Butter, F. A. G. (1979). “ The Demand for Money in EEC Countries”, paper presented at the VIII nternational Conference on Applied Econometrics, Rome . Feige, E. L. (1967). “Expectations and Adjustments in the Monetary Sector”, American Economic Review, Vol. 57, No. 2, pp. 462–73. Feige, E. L. and Pearce, D. K. (1977). “The Substitutability of Money and Near Monies: A Survey of the Time Series Evidence”, Journal of Economic Literature, Vol. 15, No. 2, pp. 439–69. Friedman, B. M. (1978). “Crowding Out or Crowding In? Economic Consequences of Financing Government Deficits”, Brookings Papers on Economic Activity, No. 3, pp. 593–664. Friedman, M. (1956). “The Quantity Theory of Money–A Restatement” in Friedman Milton (ed.), Studies in the Quantity Theory of Money, Chicago , University of Chicago Press. (1957). A Theory of the Consumption Function, Princeton , Princeton University Press. (1959). “The Demand for Money: Some Theoretical and Empirical Results”, Journal of Political Economy, Vol. 67, No. 4, pp. 327–51. Frowen, S. F. and Arestis, P. (1976). “Some Investigations of Demand and Supply Functions for Money in the Federal Republic of Germany, 1965–1974”, Weltwirtschaftliches Archiv, Vol. 112, No. 1, pp. 136–63. Garcia, G. and Pak, S. (1979). “Some Clues in the Case of the Missing Money”, American Economic Review, Vol. 69, No. 2, pp. 329–34. Giarda, P. (1968). “La Domanda di Moneta in Italia: Un Modello Econometrico”, Rivista Internazionale di Scienze Sociali, Vol. 76, No. 2, pp. 601–40. Gibson, W. E. (1970). “Interest Rate and Monetary Policy”, Journal of Political Economy, Vol. 78, No. 3, pp. 431–55. Goldfeld, S. M. (1973). “The Demand for Money Revisited”, Brookings Papers on Economic Activity, No. 3, pp. 357–638. (1976). “The Case of the Missing Money”, Brookings Papers on Economic Activity, No. 3, pp. 683–739. Gray, M., Ward, R. and Zis, G. (1976). “The World Demand for Money Function: Some Preliminary Results” in Parkin Michael and Zis George (eds.), Inflation in the World Economy, Manchester , Manchester University Press, pp. 151–77. Hacche, G. (1974). “The Demand for Money in the United Kingdom: Experience Since 1971”, Bank of England Quarterly Bulletin, Vol. 14, No. 3, pp. 284–305. Hafer, R. W. and Hein, S. E. (1979). “Evidence on the Temporal Stability of the Demand for Money Relationship in the United States”, Federal Reserve Bank of St. Louis Review, Vol. 61, No. 12, pp. 3–14. Hamburger, M. J. (1977). “Behaviour of the Money Stock: Is There a Puzzle?”, Journal of Monetary Economics, Vol. 3, No. 3, pp. 265–88. Hamburger, M. J. and Woods, G. E. (1978). “ Interest Rates and Monetary Policy in Open Economies”, Federal Reserve Bank of New York Research Paper No. 7807.. Hanson, J. S. and Vogel, R. C. (1973). “Inflation and Monetary Velocity in Latin America”, Review of Economics and Statistics, Vol. 56, No. 3, pp. 178–97. Heller, R. H. and Khan, M. S. (1979). “The Demand for Money and the Term Structure of Interest Rates”, Journal of Political Economy, Vol. 87, No. 1, pp. 109–30. Hendry, D. F. and Mizon, G. E. (1978). “Serial Correlation as a Convenient Simplification, not a Nuisance: A Comment on a Study of the Demand for Money by the Bank of England”, Economic Journal, Vol. 88, No. 3, pp. 549–63. Judd, J. P. and Scadding, J. L. (1982). “The Search for a Stable Money Demand Function: A Survey of the Post-1973 Literature”, Journal of Economic Literature, Vol. 20, No. 3, pp. 993–1023. Kanniainen, V. (1979). “A Demand for Money Model With a Flexible Adjustment Process”, The Scandinavian Journal of Economics, Vol. 81, No. 4, pp. 521–33. Klein, B. (1977). “The Demand for Quality-Adjusted Cash Balances: Price Uncertainty in the U.S. Demand for Money Function”, Journal of Political Economy, Vol. 85, No. 4, pp. 691–715. Laidler, D. (1966). “Some Evidence on the Demand for Money”, Journal of Political Economy, Vol. 76, No. 1, pp. 55–68. Laidler, D.(1980). “The Demand for Money in the United States Yet Again” in Brunner Karl and Meltzer Allan (eds.), On the State of Macroeconomics, Amsterdam , North-Holland, pp. 219–72. Laidler, D.(1982). “ On the Demand for Money and the Real Balance Effect”, in Monetarist Perspectives, Oxford , Philip Allan, pp. 37–66. Laidler, D. and Parkin, M. (1970). “The Demand for Money in the U.K.: Some Preliminary Results. The Manchester School, Vol. 38, No. 3, pp. 187–208. Lieberman, C. (1979). “Structural and Technological Changes in Money Demand”, American Economic Review, Vol. 69, No. 2, pp. 324–29. Meyer, P. A. and Neri, J. A. (1975). “A Keynes-Friedman Money Demand Function”, American Economic Review, Vol. 65, No. 3, pp. 610–25. Neumann, M. J. M. (1977). “Price Expectations and the Interest Rate in an Open Economy: Germany, 1960–72”, Journal of Money, Credit and Banking, Vol. 9, No. 2, pp. 205–27. Norman, P. M. and Purvis, D. D. (1975). “ The Behaviour of Monetaiy Aggregates in Australia: Some New Evidence”, paper presented at the Third Economists' Conference, Brisbane . Pagan, A. R. (1977). “ The Stability of the Demand for Money Re-Examined”, Australian National University Working Paper No. 45.. Selden, R. (1956). “Monetary Velocity in the United States” in Friedman Milton (ed.), Studies in the Quantity Theory of Money, Chicago , Chicago University Press. Shapiro, H. A. (1973). “Inflation, Lags and the Demand for Money”, International Economic Review, Vol. 14, No. 1. pp. 18–96. Sharpe, I. G. and Volker, P. A. (1977). “ The Impact of Institutional Changes on the Australian Short-Run Money Demand Function”, University of Sydney Working Paper No. 13.. Slovin, M. B. and Sushka, M. E. (1975). “The Structural Shift in the Demand for Money”, Journal of Finance, Vol. 30, No. 3, pp. 721–31. Spinelli, F. (1980). “The Demand for Money in the Italian Economy: 1867–1965”, Journal of Monetary Economics, Vol. 6, No. 1, pp. 83–104. Thompson, T. D., Pierce, J. L. and Parry, R. T. (1974). “A Monthly Money Market Model”, Journal of Money, Credit and Banking, Vol. 7, No. 4, pp. 411–31. Tullio, G. (1981). “Demand Management and Exchange Rate Policy: The Italian Experience”, IMF Staff Papers, Vol. 28, No. 3, pp. 80–128. White, W. H. (1978). “Improving the Demand for Money Function in Moderate Inflation”, IMF Staff Papers, Vol. 25, No. 3, pp. 564–607. (1981). “The Case for and against ‘Disequilibrium’ Money”, IMF Staff Papers, Vol. 28, No. 3, pp. 534–72. Citing Literature Volume52, Issue2June 1984Pages 141-159 ReferencesRelatedInformation

Referência(s)
Altmetric
PlumX