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This working paper analyzes nearly 1000 money demand estimations to identify common findings regarding the determinants of money demand, specifically focusing on income and interest rate elasticities. The authors, Markus Knell and Helmut Stix, utilize descriptive statistics and meta-regressions to reveal how average elasticities are influenced by factors such as the choice of monetary aggregates and country groupings. The paper concludes that systematic differences exist in the results based on empirical sp
- Author
- Leonel Leonel
- Language
- EN