• Title of article

    Productivity slowdown due to scarcity of capital to scrap in a putty-clay model

  • Author/Authors

    Lindh، Thomas نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2000
  • Pages
    -224
  • From page
    225
  • 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
    Productivity slowdown , Putty-clay , Capacity distribution
  • Journal title
    Economics Letters
  • Serial Year
    2000
  • Journal title
    Economics Letters
  • Record number

    21928