Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/212786
Authors: 
Krupkina, Anna
Ponomarenko, Alexey
Year of Publication: 
2013
Series/Report no.: 
BOFIT Discussion Papers 31/2013
Abstract: 
We estimate money demand models for certain monetary aggregates across different institutional sectors (a novelty for the Russian case). Our results comprise a collection of money demand equations that include different combinations of explanatory variables. Comparing the validity of these models on the basis of statistical criteria is virtually implausible. Therefore we suggest the simultaneous employment of a whole set of such models and illustrate the approach by presenting the distribution of monetary overhangs calculated on the basis of the estimated models.
Subjects: 
monetary aggregates
money demand
households
non-financial corporations
JEL: 
E41
C22
D14
D22
Persistent Identifier of the first edition: 
ISBN: 
978-952-6699-58-5
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.