The authors address a number of issues associated with interpreting the dynamics of standard demand-for-money regressions, and provide some illustrative empirical estimat[...]

This study examines different aspects of the international integration of capital markets. In particular, it attempts to determine whether the changes in controls and reg[...]

This paper considers several empirical issues regarding the demand for the monetary aggregates M2 and M2+. The focus is on the effect on the demand for M2/M2+ of the intr[...]

This paper has two main aims. First, to evaluate the robustness of the method used to detrend the data of previous results concerning the lead/lag relationships among mon[...]