Monetary trends in the UK and the USA from 1874 to 2020: a nonlinear approach to money demand Working Papers uri icon

publication date

  • 2023

series title

  • Working paper. Economics

series number

  • 23-06


  • Economics


  • money demand; nonlinear cointegration; nonlinear error correction models; cubic polynomial cointegration; cubic polynomial equilibrium correction; financial innovation; money demand stability; opportunity cost of holding money