How Long to Read Aggregate Money Demand Functions

By Dennis L. Hoffman

How Long Does it Take to Read Aggregate Money Demand Functions?

It takes the average reader 4 hours and 32 minutes to read Aggregate Money Demand Functions by Dennis L. Hoffman

Assuming a reading speed of 250 words per minute. Learn more

Description

The econometric consequences of nonstationary data have wide ranging im plications for empirical research in economics. Specifically, these issues have implications for the study of empirical relations such as a money demand func tion that links macroeconomic aggregates: real money balances, real income and a nominal interest rate. Traditional monetary theory predicts that these nonsta tionary series form a cointegrating relation and accordingly, that the dynamics of a vector process comprised of these variables generates distinct patterns. Re cent econometric developments designed to cope with nonstationarities have changed the course of empirical research in the area, but many fundamental challenges, for example the issue of identification, remain. This book represents the efforts undertaken by the authors in recent years in an effort to determine the consequences that nonstationarity has for the study of aggregate money demand relations. We have brought together an empirical methodology that we find useful in conducting empirical research. Some of the work was undertaken during the authors' sabbatical periods and we wish to acknowledge the generous support of Arizona State University and Michigan State University respectively. Professor Hoffman wishes to acknowledge the support of the Fulbright-Hays Foundation that supported sabbattical research in Europe and separate support of the Council of 100 Summer Research Program at Arizona State University.

How long is Aggregate Money Demand Functions?

Aggregate Money Demand Functions by Dennis L. Hoffman is 266 pages long, and a total of 68,096 words.

This makes it 90% the length of the average book. It also has 83% more words than the average book.

How Long Does it Take to Read Aggregate Money Demand Functions Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 12 minutes to read Aggregate Money Demand Functions aloud.

What Reading Level is Aggregate Money Demand Functions?

Aggregate Money Demand Functions is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Aggregate Money Demand Functions?

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