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Full-Text Articles in Macroeconomics

Demand For Money And Exchange Rate: Evidence For Wealth Effect In India, Sahadudheen I Mar 2012

Demand For Money And Exchange Rate: Evidence For Wealth Effect In India, Sahadudheen I

Undergraduate Economic Review

External factors such as variations in exchange rates should, to some extent, affect the composition of optimal money holdings. It was Robert Mundell who proposed the idea that demand for money could depend on the exchange rate in addition to the income and interest rate. Changes in exchange rate may have two effects on the demand for domestic currency, wealth effect and currency substitution effect. The main objective of the paper is to examine the effects of exchange rate on domestic demand for money in India covering the period of 1998Q1 to 2009Q4. The statistical and time series properties of ...


Relative Risk Aversion: Increasing Or Decreasing, Philip E. Graves Jan 1979

Relative Risk Aversion: Increasing Or Decreasing, Philip E. Graves

PHILIP E GRAVES

No abstract exists for this work.


Wealth And Cash Asset Proportions, Philip E. Graves Jan 1976

Wealth And Cash Asset Proportions, Philip E. Graves

PHILIP E GRAVES

This paper has no abstract.