Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/211566 
Authors: 
Year of Publication: 
1989
Series/Report no.: 
Bank of Finland Discussion Papers No. 31/1989
Publisher: 
Bank of Finland, Helsinki
Abstract: 
This paper presents some Finnish evidence on the importance of currency substitution and financial innovations for money demand. It is also shown that conventional demand for money specifications which do not take these factors into account are clearly misspecified and produce unreasonable results. The problem is particularly acute for narrow concepts of money.
Persistent Identifier of the first edition: 
ISBN: 
951-686-221-7
Document Type: 
Working Paper

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