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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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
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
ISSN (Online):1435-8921

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