Tests of the functional form, the substitution effect, and the wealth effect of Mexico’s money demand function

M1, M2, and M3 demands in Mexico are positively influenced by output and stock prices and negatively associated with the saving rate, the U.S. interest rate, and the expected inflation rate. Peso depreciation affects M1 demand negatively and M2 and M3 demands positively. The log-linear form cannot b...

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Bibliographic details
Main Author: Hsing, Yu
Format: Journal Article
Language: English
Place of publication: UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA 2007
published in: REVISTA DE ECONOMÍA DEL ROSARIO
Data of publication: 2007
Series: REVISTA DE ECONOMÍA DEL ROSARIO
Online Access: available in Bonn?
Database: RePEc IDEAS
RePEc
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