German monetary unification and the stability of the German M3 money demand function

被引：88

作者：

Bahmani-Oskooee, M ^{[1
]}

Bohl, MT

机构：

[1] Univ Wisconsin, Dept Econ, Milwaukee, WI 53201 USA

[2] Univ Giessen, Dept Econ, D-35394 Giessen, Germany

来源：

ECONOMICS LETTERS | 2000年 / 66卷 / 02期

关键词：

CUSUM; CUSUMSQ; cointegration; M3; Germany;

D O I：

10.1016/S0165-1765(99)00223-2

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper employs quarterly data from the whole of Germany to test the stability of M3 demand for money. The methodology is based on an application of the CUSUM and CUSUMSQ in the context of error-correction modeling and cointegration. The results reveal some instability in M3 money demand function. (C) 2000 Elsevier Science S.A. All rights reserved.

引用

页码：203 / 208

页数：6

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