Demand for money function in Ireland - estimation and stability
![Thumbnail](/themes/edepositireland/images/white_rectangle.jpeg)
File Type:
PDFItem Type:
Journal articleDate:
1978Access:
OpenAccessCitation:
Francis X. Browne, Thomas O'Connell, 'Demand for money function in Ireland - estimation and stability', Economic and Social Research Institute, Economic and Social Review, Vol. 9, No. 3, 1978, 1978, pp227-248Download Item:
Abstract:
In this paper we specify and estimate a demand for money function for Ireland. This function is then submitted to a stability test using a recently developed technique. The issue of the stability of the demand for money function is an important one for the monetary authorities irrespective of whether monetary policy is conducted within a relatively closed economy, such as in the US, or within a highly open economy with a fixed exchange rate dominated by external financial markets, as in the case of Ireland.
Author: Browne, Francis X.; O'Connell, Thomas
Publisher:
Economic & Social StudiesType of material:
Journal articleCollections
Series/Report no:
Economic and Social ReviewVol. 9, No. 3, 1978
Availability:
Full text availableKeywords:
Monetary policy - Ireland, Fixed exchange rateISSN:
0012-9984Metadata
Show full item recordLicences: