The Demand for Money in the Austro-Hungarian Monarchy from 1874 to 1909: A Test for Cointegration

    Research output: Contribution to Book/Report typesChapterpeer-review

    Abstract (may include machine translation)

    Based on historical data between 1873 and 1909, this paper estimates a stable demand for money function in the Austro-Hungarian Monarchy by using a maximum likelihood procedure. The results suggest a quantity theoretic view of money
    Original languageEnglish
    Title of host publicationIncentives, Predictions, Volumes, Prices
    Subtitle of host publicationessays commemorating the 20th anniversary of the first graduating class at CEU Economics
    EditorsGábor Kézdi
    Place of PublicationBudapest
    PublisherCentral European University, Department of Economics
    Pages69-77
    Number of pages9
    ISBN (Print)9789638982230
    StatePublished - 2014

    Fingerprint

    Dive into the research topics of 'The Demand for Money in the Austro-Hungarian Monarchy from 1874 to 1909: A Test for Cointegration'. Together they form a unique fingerprint.

    Cite this