dc.contributor.author | Kearney, Colm | |
dc.date.accessioned | 2014-04-23T15:56:49Z | |
dc.date.available | 2014-04-23T15:56:49Z | |
dc.date.issued | 1985 | |
dc.identifier.citation | Colm Kearney, 'The demand for money and the term structure of interest-rates in Ireland, 1971-1981', Economic and Social Research Institute, Economic and Social Review, Vol.16, No. 2, 1985, 1985, pp157-166 | |
dc.identifier.issn | 0012-9984 | |
dc.identifier.uri | http://hdl.handle.net/2262/68761 | |
dc.description.abstract | This paper investigates the extent to which the demand for various measures of money in Ireland depends upon the term structure of interest rates. The yield to maturity curve is first estimated using refinements of the approximation specification employed by Heller and Khan (1979). The estimated parameters are then entered as parameters into the money demand equations which are estimated using autoregressive least squares. Amongst other findings is a considerably greater response of money demand to a uniform shift in the yield curve than is obtained using conventional estimates which are based on only a single interest rate. | |
dc.language.iso | en | |
dc.publisher | Economic & Social Studies | |
dc.relation.ispartofseries | Economic and Social Review | |
dc.relation.ispartofseries | Vol.16, No. 2, 1985 | |
dc.subject | Money demand | |
dc.subject | Interest rates | |
dc.title | The demand for money and the term structure of interest-rates in Ireland, 1971-1981 | |
dc.type | Journal article | |
dc.status.refereed | Yes | |
dc.publisher.place | Dublin | |
dc.rights.ecaccessrights | OpenAccess | |
dc.format.extentpagination | pp157-166 | |