Title of article
Imposing local concavity in the translog and generalized Leontief cost functions
Author/Authors
Ryan، David L. نويسنده , , Wales، Terence J. نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2000
Pages
-252
From page
253
To page
0
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
Negative semidefinite , Local concavity , Cost functions
Journal title
Economics Letters
Serial Year
2000
Journal title
Economics Letters
Record number
21868
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