Consumer expenditure, the demand for money, and the Hall hypothesis

MacDonald, R. and Peel, D.A. (1987) Consumer expenditure, the demand for money, and the Hall hypothesis. Empirical Economics, 12(1), pp. 3-17. (doi:10.1007/BF01973000)

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Abstract

Although a considerable amount of work has been conducted on the validity of the Hall hypothesis, as applied to consumer expenditure, there has been negligible empirical work on the Hall hypothesis as applied to the demand for money. In this paper the Hallian hypothesis is applied to consumer expenditure and the demand for money using quarterly data for six countries.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:MacDonald, Professor Ronald
Authors: MacDonald, R., and Peel, D.A.
College/School:College of Social Sciences > Adam Smith Business School > Economics
Journal Name:Empirical Economics
Publisher:Physica-Verlag
ISSN:0377-7332
ISSN (Online):1435-8921

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