Abstract
The objective of this study is to test if the weekly money stock can help to predict the monthly money stock using the data in the period of 1974 to 1985. Pitman's nearness measure and a statistic which is similar to the linear feedback statistic are used, respectively, for the qualitative and quantitative investigations. Other variables, such as interest rates and stock prices are also considered in the model. The results indicate that the weekly money supply provides little information concerning the monthly money stock.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
