The Summary for the Money Demand Empirical Research
LU Li-xian
Abstract
LU Li-xian
Abstract
Based on the existing results of empirical research of the domestic and foreign money demand,and take the money demand function as the main line,the literature can be divided into:the total wealth,domestic interest rates and inflation,the stock market,economic expectations,and the impact of system and economic changes on money demand,as well as money demand function under the conditions of an open economy,as well as the stability studies of money demand function. On this basis,the paper puts forward the questions that need to be discussed further for the money demand empirical research in our country
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Based on the existing results of empirical research of the domestic and foreign money demand,and take the money demand function as the main line,the literature can be divided into:the total wealth,domestic interest rates and inflation,the stock market,economic expectations,and the impact of system and economic changes on money demand,as well as money demand function under the conditions of an open economy,as well as the stability studies of money demand function. On this basis,the paper puts forward the questions that need to be discussed further for the money demand empirical research in our country
Key concepts: Speculative demand, Economics, Demand for money, Velocity of money, Endogenous money, Demand curve, Demand deposit, Monetary economics