Nixon 发表于 2025-3-21 19:55:54
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Conclusions,ey demand (chapter 1). The alleged empirical existence of these two money demand relations therefore defined the main problems to be dealt with in this study. These involved, as likewise stated in the title, the problem of econometric modelling and the problem of cross-sectional aggregation.滔滔不绝地讲 发表于 2025-3-22 00:35:17
https://doi.org/10.1007/978-3-030-77610-7empirically stable relation to prices and output renders the quantity of money a potentially useful tool for economic policy. Second, the widespread disagreement on the first point renders money demand a natural testing ground for new econometric models and methods.斜坡 发表于 2025-3-22 08:38:01
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Autoregressive Probability Models, macroeconomic data is that of autoregressive (AR) probability models. The present chapter discusses these models, basically linear stochastic difference equations. deals with the scalar case, then generalizes to the vector case.