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A divisia system approach to modelling monetary aggregates

Journal Article


Abstract


  • A complete system of Divisia partial adjustment asset equations based on the augmented-price expectations Baumol-Tobin inventory and transactions postulates is used to study the dynamic behaviour of monetary aggregates and their components in Australia during 1969.III to 1983.IV. The system provides a new and useful approach to modelling demand-for-money functions for effective monetary policy controls and targetting. © 1985.

UOW Authors


  •   Tran, Jimmy Van Hoa. (external author)

Publication Date


  • 1985

Citation


  • Van Hoa, T. (1985). A divisia system approach to modelling monetary aggregates. Economics Letters, 17(4), 365-368. doi:10.1016/0165-1765(85)90260-5

Scopus Eid


  • 2-s2.0-46549101967

Web Of Science Accession Number


Start Page


  • 365

End Page


  • 368

Volume


  • 17

Issue


  • 4

Abstract


  • A complete system of Divisia partial adjustment asset equations based on the augmented-price expectations Baumol-Tobin inventory and transactions postulates is used to study the dynamic behaviour of monetary aggregates and their components in Australia during 1969.III to 1983.IV. The system provides a new and useful approach to modelling demand-for-money functions for effective monetary policy controls and targetting. © 1985.

UOW Authors


  •   Tran, Jimmy Van Hoa. (external author)

Publication Date


  • 1985

Citation


  • Van Hoa, T. (1985). A divisia system approach to modelling monetary aggregates. Economics Letters, 17(4), 365-368. doi:10.1016/0165-1765(85)90260-5

Scopus Eid


  • 2-s2.0-46549101967

Web Of Science Accession Number


Start Page


  • 365

End Page


  • 368

Volume


  • 17

Issue


  • 4