Title of article :
Long-run and short-run co-movement in UK consumption and income
Author/Authors :
Cook، Steven نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2000
Abstract :
This paper employs quarterly data from the whole of Germany to test the stability of M3 demand for money. The methodology is based on an application of the CUSUM and CUSUMSQ in the context of error-correction modeling and cointegration. The results reveal some instability in M3 money demand function.
Keywords :
Common cycles , Common features , cointegration , Lagrange multiplier (LM) tests , Consumers expenditure
Journal title :
Economics Letters
Journal title :
Economics Letters