Working Papers

1979

 

September 1979, No. 79-5

An Alternate Method of Estimating the Cagan Money Demand Function in Hyperinflation Under Rational Expectations

Marvin Goodfriend

This papers contains a description and implementation of a new strategy for estimating the Cagan money demand function under rational expectations.



Our Research Focus: Inflation & Monetary Policy

Topics: Inflation
Contact Us

Richmond

Lisa Kenney
(804) 697-8179