Neo-classical money demand model estimation in the Czech economy

被引：0

作者：

Kodera, J ^{[1
]}

Pánková, V ^{[1
]}

机构：

[1] Univ Econ, CZ-13067 Prague 3, Czech Republic

来源：

POLITICKA EKONOMIE | 1999年 / 47卷 / 05期

关键词：

almost ideal demand system (AIDS); Shephard's lemma; money demand; transition economy data; seasonal adjustment; econometric estimations; partial adjustment; rational choice principle;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A simple Almost ideal Demand System (AIDS) model transformed by the help of Shephard's lemma from a classical optimization problem is formulated and its basic characteristics are presented. Using monthly data - money supply M2, wealth, market interest rate, PRIBOR (Prague Interbank Offer Rate), and real industrial production - a money demand equation based on the AIDS system is estimated for the Czech transition economy. The results obtained support the hypothesis that the money demand processes in the transition economy of the Czech Republic functionate according to rather sophisticated axioms of neo-classical theory of consumer choice.

引用

页码：615 / 620

页数：6

共 50 条

[1] NEO-CLASSICAL GROWTH MODEL
LABIA, N
[J]. SOUTH AFRICAN JOURNAL OF ECONOMICS, 1973, 41 (02) : 164 - 166
[2] NEO-CLASSICAL GROWTH IN AN OPEN ECONOMY - NOTE
SCHRODER, J
[J]. ECONOMICA, 1972, 39 (156) : 447 - 449
[3] CLASSICAL VERSUS NEO-CLASSICAL DIFFERENCES ON GROWTH PATHS OF A DUAL ECONOMY
KIM, S
[J]. ECONOMIC RECORD, 1972, 48 (122) : 272 - 276
[4] The Neo-Classical Question
Cotrone, Renata
[J]. FORUM ITALICUM, 2014, 48 (01) : 155 - 157
[5] THAT NEO-CLASSICAL BEE
JOHNSON, JW
[J]. JOURNAL OF THE HISTORY OF IDEAS, 1961, 22 (02) : 262 - 274
[6] Neo-classical theatre
Gies, DT
[J]. BULLETIN OF HISPANIC STUDIES, 2003, 80 (03): : 425 - 426
[7] MODEL OF ECONOMIC DEVELOPMENT FROM CLASSICAL TO NEO-CLASSICAL STAGES
MINAMI, R
[J]. WELTWIRTSCHAFTLICHES ARCHIV-REVIEW OF WORLD ECONOMICS, 1966, 97 (02): : 345 - 355
[8] FIREARMS AND THE DISTRIBUTION OF INCOME - A NEO-CLASSICAL MODEL
PETTENGILL, JS
[J]. REVIEW OF RADICAL POLITICAL ECONOMICS, 1981, 13 (02) : 1 - 10
[9] A Model of Labor Demand in Technical Change: Based on Combination of Marxism and Neo-Classical Theory
Luo, Rundong
Wu, Weiwei
[J]. ADVANCES IN APPLIED ECONOMICS, BUSINESS AND DEVELOPMENT, PT II, 2011, 209 : 66 - 72
[10] A NEO-CLASSICAL THEOREM
ROBINSON, J
[J]. REVIEW OF ECONOMIC STUDIES, 1962, 29 (80): : 219 - 226

← 1 2 3 4 5 →