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Inflationary Expectations and the Demand for Money: The Greek Experience “A Comment and Some Different Results” — A Rejoinder

Inflationary Expectations and the Demand for Money: The Greek Experience “A Comment and Some Different Results” — A Rejoinder
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Year:    1984

Author:    Panayotopoulos, Dimitris

Credit and Capital Markets – Kredit und Kapital, Vol. 17 (1984), Iss. 2 : pp. 272–280

Abstract

Inflationary Expectations and the Demand for Money: The Greek Experience “A Comment and Some Different Results” - A Rejoinder

Both writers, B-L and Himarios, have not estimated correctly the demand for M, function. The demand for M, in Greece is highly unstable. Taking as a cut-off point the year 1973, the estimation shows that the parameters of the demand for M, function have undergone significant shift since 1973.

Journal Article Details

Publisher Name:    Global Science Press

Language:    Multiple languages

DOI:    https://doi.org/10.3790/ccm.17.2.272

Credit and Capital Markets – Kredit und Kapital, Vol. 17 (1984), Iss. 2 : pp. 272–280

Published online:    1984-02

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    9

Author Details

Panayotopoulos, Dimitris

  1. Inflationary Finance and the Demand for Money in Greece

    Tavlas, George S.

    Credit and Capital Markets – Kredit und Kapital, Vol. 20 (1987), Iss. 2 P.245

    https://doi.org/10.3790/ccm.20.2.245 [Citations: 0]

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  5. Panayotopoulos, D.: “The Secular Behavior of the Income Velocity: The Greek Experience”, mimeo.  Google Scholar
  6. Panayotopoulos, D.: “The ‘Vicious Circle’ Hypothesis: The Greek Case”, Kredit und Kapital, 3/83.  Google Scholar
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  8. Panayotopoulos, D.: “The Demand for Money in Greece: Empirical Estimation using quarterly observations, 1962 - 1981”, SPOUDAIL, 1 & 2/83.  Google Scholar

Section Title Page Action Price
Dimitris Panayotopoulos: Inflationary Expectations and the Demand\rfor Money: The Greek Experience \"A Comment and\rSome Different Results\" - A Rejoinder 272
I. Estimation 273
II. Conclusion 278
References 279
Zusammenfassung: „Ein Kommentar und einige abweichende Ergebnisse\" zu\r„Inflationserwartungen und Geldnachfrage: die Erfahrungen\rGriechenlands\" - Eine Erwiderung 279
Summary: Inflationary Expectations and the Demand for Money: The Greek\rExperience \"A Comment and Some Different Results\" - A Rejoinder 280
Résumé: Les attentes inflationnistes et la demande\rde monnaie: l'expérience grecque - « Un commentaire\ret quelques résultats différents » - Une réplique 280