货币替代与利率决定:澳大利亚案例

IF 0.7 Q3 ECONOMICS

PSL Quarterly Review Pub Date : 2014-02-19 DOI:10.13133/2037-3643/11642

V. Argy

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引用次数: 0

摘要

本文描述了在澳大利亚1953-1963年间为评估货币替代品在利率决定中的重要性而进行的一项检验。该测试涉及四个简单的替代假设的比较，其中四个自变量对应于流动性的四个替代指数。根据结果，作者推断，明确允许货币替代品并不有助于解释利率的行为，并与其他研究得出的结果相平行。Normal 0 14 st1\:*{behavior:url(# ieoui)} /*样式定义*/表。mso-style-name:"Tabella normal ";mso-tstyle-rowband-size: 0;mso-tstyle-colband-size: 0;mso-style-noshow:是的;mso-style-parent:“”;mso- font - family:宋体;mso-para-margin: 0分;mso-para-margin-bottom: .0001pt;mso-pagination: widow-orphan;字体大小:10.0分;font-family:宋体";}

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Money substitutes and interest rate determination: the Australian case

72 1024x768 The paper describes a test carried out to asses the significance of money substitutes in interest rate determination in Australia in the years 1953-1963. The test involved a comparison of four simple alternative hypotheses where four independent variables correspond to four alternative indices of liquidity. According to the results, the author infers that making an explicit allowance for money substitutes does not contribute to the explanation of the behaviour of the rate of interest, parallelling the results obtained from other studies. Normal 0 14 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Tabella normale"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0pt 5.4pt 0pt 5.4pt; mso-para-margin:0pt; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";}

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来源期刊

PSL Quarterly Review ECONOMICS-

CiteScore

1.30

自引率

14.30%

发文量

审稿时长

20 weeks