The Holmes-Smyth effect: some preliminary exercises with the UK demand for narrow money

Marselli, Riccardo and Vannini, Marco (1988) The Holmes-Smyth effect: some preliminary exercises with the UK demand for narrow money. Applied Economics, Vol. 20 (6), p. 711-720. ISSN 1466-4283. Article.

Full text not available from this repository.

DOI: 10.1080/00036848800000066

Abstract

The Primary purpose of this paper is to test a plausible data-coherent representation of the consumption based model of the demand for money against and analogus representation of the standard income based formulation. On the basis of non-nested tests, neither model canbe maintained. Consequently, the possibility of tax cuts being contractionary (the Holmes-smyth effect) is still an open question

Item Type:	Article
ID Code:	296
Status:	Published
Refereed:	Yes
Uncontrolled Keywords:	Holmes-Smyth effect, narrow money
Subjects:	Area 13 - Scienze economiche e statistiche > SECS-P/01 Economia politica
Divisions:	001 Università di Sassari > 01 Dipartimenti > Economia, impresa, regolamentazione
Publisher:	Routledge
ISSN:	1466-4283
Deposited On:	18 Aug 2009 10:01

I documenti depositati in UnissResearch sono protetti dalle leggi che regolano il diritto d'autore

Repository Staff Only: item control page