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Elaboration of Hypotheses
Demand for Money by the United States
6 other sections not shown
averages of monthly Bank of Finland banking system business sector cash reserve central bank changes commercial banks concept of money Consequently correlation cost of holding currency holdings current accounts demand and supply demand deposits demand for money dependent variable determinants discount rate Econ empirical excess reserves exogenous expenditure explanatory variables Federal Reserve System Finnish money market foreign exchange reserve GDPp gross domestic product holding money income velocity interest rate variable Keynesian Kingdom and Finland lagged least-squares liquidity preference monetary policy money function money holdings money stock money supply Monthly Digest period potential deposits price level quantity theory quarterly averages quarterly totals rate of interest rediscounting regression relationship reserve requirements seasonal variable shift variable significant single equation Source stock of money structural models supply of money term deposits tested United Kingdom values velocity hypothesis velocity of money yield