Research Discussion Paper – RDP 1977-05 Modelling Monetary Disequilibrium[*]
September 1977
Contents
- Introduction
- Monetary Disequilibrium and its Channels of Influence
- The effect of Dropping the Monetary Disequilibrium Variable
- A Model with a Conventional Demand Function for Money
- Conclusions
- Appendix A: Model Specifiction, Parameter Estimates and Test Statistics for Model 1
- Appendix B: Parameter Estimates and Test Statistics for Models 2 and 3
- Appendix C: Parameter Estimates and Test Statistics for Models 4 and 5
- References
Endnote
The analysis and conclusions in this paper are those of the authors, and are not necessarily shared by the Reserve Bank of Australia. [*]