28 Pages Posted: 24 Aug 2012
Date Written: 1979
This papers contains a description and implementation of a new strategy for estimating the Cagan money demand function under rational expectations.
Suggested Citation: Suggested Citation
Goodfriend, Marvin, An Alternate Method of Estimating the Cagan Money Demand Function in Hyperinflation under Rational Expectations (1979). FRB Richmond Working Paper No. 79-5, September 1979. Available at SSRN: https://ssrn.com/abstract=2116563 or http://dx.doi.org/10.2139/ssrn.2116563
By Karen Lewis