Another look at long-run money demand
By Laurence M. Ball. 2001
253 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/783b07e5c7cf88c66758ec3b810314150242c4ac
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- John Barrdear
- Michael Kumhof
- Nelson C. Mark
- Jaromı́r Beneš
- Donggyu Sul
- M. Pesaran
- U. Bindseil
- Martin Wagner
Citations in the corpus
- The Macroeconomics of Central Bank Issued Digital Currencies (2016, background): “Ball, L. (2001), “Another Look at Long-Run Money Demand”, Journal of Monetary Economics, 47, 31-44. Bank of England (2015), “One Bank Research Agenda”, Bank of England Discussion Paper, available at: http://www.bankofengland.co.uk/research/Documents/onebank/discussion.pdf. Bates, T., Kahle, K. and S”
- The Chicago Plan Revisited (2012, background): “Traditional empirical studies have estimated money demand equations separately rather than as part of an overall general equilibrium model, and have found interest semi-elasticities of -0.05 (Ball (2001)) or even lower (Ireland (2007), O’Brien (2000)).”
- Sticky Prices versus Monetary Frictions: An Estimation of Policy Trade-Offs (2009, unknown): “Estimates of the long-run semi-elasticity reported in Lucas (1988, 2000), Stock and Watson (1993), and Ball (2001) range from 5 to 11.”
- Cointegration Vector Estimation by Panel DOLS and Long‐run Money Demand* (2002, background): “We follow Stock and Watson (1993), Ball (2001), and Hoffman et al. (1995) and approach long-run money demand as a cointegrating relationship.”