Is There a Stable Money Demand Function under the Low Interest Rate Policy? A Panel Data Analysis
نویسندگان
چکیده
This work was completed while the second author was visiting the Institute for Monetary and Economic Studies (IMES), Bank of Japan (BOJ). He would like to thank the Institute for the hospitality and research support. We would also like to thank two referees and the staff of the institute for helpful comments on an early draft. However, the views expressed in this paper are solely the authors’ own and do not necessarily represent the view of the BOJ or IMES. MONETARY AND ECONOMIC STUDIES/APRIL 2002
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