Journal article
Authors list: Bahmani-Oskooee, M; Bohl, MT
Publication year: 2000
Pages: 203-208
Journal: Economics Letters
Volume number: 66
Issue number: 2
ISSN: 0165-1765
DOI Link: https://doi.org/10.1016/S0165-1765(99)00223-2
Publisher: Elsevier
Abstract:
This paper employs quarterly data from the whole of Germany to test the stability of M3 demand for money. The methodology is based on an application of the CUSUM and CUSUMSQ in the context of error-correction modeling and cointegration. The results reveal some instability in M3 money demand function. (C) 2000 Elsevier Science S.A. All rights reserved.
Citation Styles
Harvard Citation style: Bahmani-Oskooee, M. and Bohl, M. (2000) German monetary unification and the stability of the German M3 money demand function, Economics Letters, 66(2), pp. 203-208. https://doi.org/10.1016/S0165-1765(99)00223-2
APA Citation style: Bahmani-Oskooee, M., & Bohl, M. (2000). German monetary unification and the stability of the German M3 money demand function. Economics Letters. 66(2), 203-208. https://doi.org/10.1016/S0165-1765(99)00223-2
Keywords
CUSUM; CUSUMSQ; M3
