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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| Publicat a: | Revista de Economía del Rosario |
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| Autor principal: | |
| Format: | Artigo |
| Idioma: | Inglês |
| Publicat: |
Universidad del Rosario
2007
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| Matèries: | |
| Accés en línia: | https://www.redalyc.org/articulo.oa?id=509555107005 |
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