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- W2249585047 abstract "I know of no empirical study of the demand for money that has ever identified variables corresponding to the finance motive, let alone found them to have a significant influence. An attempt to do so would certainly be an appropriate piece of research (Friedman, 1972, p. 931). Except for a study conducted by Meyer and Neri (1975), to which we will refer later, no tests of Keynes' finance motive have been reported. The aims of this paper are to outline the problems involved in such testing, to propose a model of the demand function for money that includes finance demand as an argument, and to report the results of tests of this model using data for Australia. (Australian data give some relief from the much used U.S. and U.K. data and provide the opportunity to examine a series of the kind required to test the finance motive adequately.)" @default.
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- W2249585047 date "1979-03-01" @default.
- W2249585047 modified "2023-09-24" @default.
- W2249585047 title "Keynes’ Finance Motive: Some Empirical Evidence" @default.
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- W2249585047 doi "https://doi.org/10.1080/01603477.1979.11489113" @default.
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