The Demand for M1 in the USA: A Reply to James M. Boughton

David Forbes Hendry · Ross M. Starr

68 citations0/0 files storedThe Economic Journal

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Monetary Policy and Economic Impact Banking stability, regulation, efficiency Economic theories and models

Abstract

David F. Hendry, Ross M. Starr; The Demand for M1 in the USA: A Reply to James M. Boughton, The Economic Journal, Volume 103, Issue 420, 1 September 1993,

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1978Econometric Modelling of the Aggregate Time-Series Relationship Between Consumers' Expenditure and Income in the United Kingdom 1992Testing for parameter instability in linear models 2000Serial Correlation as a Convenient Simplification, not a Nuisance: A Comment on a Study of the Demand for Money by the Bank of England 1982The Search for a Stable Money Demand Function: A Survey Of the Post-1973 Literature 1991Modeling the demand for narrow money in the United Kingdom and the United States 1980Some Tests of Dynamic Specification for a Single Equation 1981Liquidity and inflation effects on consumers' expenditure 1991A Monte Carlo Study of the Effects of Structural Breaks on Tests for Unit Roots

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