This digital document is an article from Economic Inquiry, published by Western Economic Association International on October 1, 2008. The length of the article is 4100 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.
From the author: Including both monetary gold and nonmonetary gold in a standard money-in-utility model, we establish a presumption that the price elasticity of money demand should be less than 1 under commodity standards. Applying cointegration methods to data of the world, the United Kingdom, and the United States, we find support for the new theory. (JEL E41, E42)
Citation Details
Title: Is the price elasticity of money demand always unity?
Author: Paul Evans
Publication:Economic Inquiry (Magazine/Journal)
Date: October 1, 2008
Publisher: Western Economic Association International
Volume: 46 Issue: 4 Page: 587(6)
Distributed by Gale, a part of Cengage Learning
Is the price elasticity of money demand always unity?: An article from: Economic Inquiry
📄 Viewing lite version
Full site ›
Book Details
Author(s)Paul Evans, Xiaojun Wang
ISBN / ASINB001OMFM6K
ISBN-13978B001OMFM63
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸