FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W314406902> ?p ?o ?g. }

• W314406902 endingPage "246" @default.
• W314406902 startingPage "221" @default.
• W314406902 abstract "The paper develops a simple method that can be used to test for a time-varying intercept and to approximate its form. The method uses a Fourier approximation to capture any variation in the intercept term. As such, the issue becomes one of deciding which frequencies to include in the approximation. The test has good power to detect multiple structural breaks. Perhaps the most important point is that successive applications of the test can be used to ‘back-out’ the form of the time-varying intercept. A number of diagnostic tests indicate that a linear autoregressive model of the U.S. inflation rate (as measured by the CPI) is inappropriate. It is shown that our methodology is capable of ‘backing-out’ the form of the nonlinearity. We also explored the nature of the approximation using an extended example concerning the demand for M3. Using quarterly U.S. data over the 1959:1–2004:2 period, we confirmed the standard result that the demand for money is not a stable linear function of real income, the price level and a short-term interest rate. The incorporation of the time-varying intercept resulting from the Fourier approximation appears to result in a stable money demand function. The form of the intercept term suggests a fairly steady growth rate in the demand for M3 until late-1987. At that point, there was a sharp and sustained drop in demand. Money demand continued to decline until mid-1995 and then resumed its upward trend. The implied error-correction model appears to be reasonable in that money and the price level (but neither income nor the interest rate) adjust to eliminate any discrepancy in money demand." @default.
• W314406902 created "2016-06-24" @default.
• W314406902 creator A5048635976 @default.
• W314406902 creator A5076111288 @default.
• W314406902 creator A5087781489 @default.
• W314406902 date "2006-01-01" @default.
• W314406902 modified "2023-09-23" @default.
• W314406902 title "Chapter 9 Modeling Inflation and Money Demand Using a Fourier-Series Approximation" @default.
• W314406902 cites W1491711721 @default.
• W314406902 cites W1605537562 @default.
• W314406902 cites W1984536024 @default.
• W314406902 cites W1986871165 @default.
• W314406902 cites W1990278533 @default.
• W314406902 cites W1991465195 @default.
• W314406902 cites W2008222847 @default.
• W314406902 cites W2008345869 @default.
• W314406902 cites W2012214132 @default.
• W314406902 cites W2025161033 @default.
• W314406902 cites W2047694274 @default.
• W314406902 cites W2054461753 @default.
• W314406902 cites W2058409108 @default.
• W314406902 cites W2076396344 @default.
• W314406902 cites W2091911702 @default.
• W314406902 cites W2093003906 @default.
• W314406902 cites W2104267426 @default.
• W314406902 cites W2108250187 @default.
• W314406902 cites W2110603299 @default.
• W314406902 cites W2112352537 @default.
• W314406902 cites W2129821275 @default.
• W314406902 cites W2137891558 @default.
• W314406902 cites W2141221125 @default.
• W314406902 cites W2144452471 @default.
• W314406902 cites W2989420891 @default.
• W314406902 doi "https://doi.org/10.1016/s0573-8555(05)76009-0" @default.
• W314406902 hasPublicationYear "2006" @default.
• W314406902 type Work @default.
• W314406902 sameAs 314406902 @default.
• W314406902 citedByCount "11" @default.
• W314406902 countsByYear W3144069022012 @default.
• W314406902 countsByYear W3144069022013 @default.
• W314406902 countsByYear W3144069022019 @default.
• W314406902 countsByYear W3144069022021 @default.
• W314406902 countsByYear W3144069022022 @default.
• W314406902 countsByYear W3144069022023 @default.
• W314406902 crossrefType "book-chapter" @default.
• W314406902 hasAuthorship W314406902A5048635976 @default.
• W314406902 hasAuthorship W314406902A5076111288 @default.
• W314406902 hasAuthorship W314406902A5087781489 @default.
• W314406902 hasConcept C121332964 @default.
• W314406902 hasConcept C134306372 @default.
• W314406902 hasConcept C14036430 @default.
• W314406902 hasConcept C143724316 @default.
• W314406902 hasConcept C149782125 @default.
• W314406902 hasConcept C151730666 @default.
• W314406902 hasConcept C158622935 @default.
• W314406902 hasConcept C159877910 @default.
• W314406902 hasConcept C162324750 @default.
• W314406902 hasConcept C175025494 @default.
• W314406902 hasConcept C175444787 @default.
• W314406902 hasConcept C176398731 @default.
• W314406902 hasConcept C200941418 @default.
• W314406902 hasConcept C207864730 @default.
• W314406902 hasConcept C2778816174 @default.
• W314406902 hasConcept C33332235 @default.
• W314406902 hasConcept C33923547 @default.
• W314406902 hasConcept C556758197 @default.
• W314406902 hasConcept C61797465 @default.
• W314406902 hasConcept C62520636 @default.
• W314406902 hasConcept C78458016 @default.
• W314406902 hasConcept C86803240 @default.
• W314406902 hasConceptScore W314406902C121332964 @default.
• W314406902 hasConceptScore W314406902C134306372 @default.
• W314406902 hasConceptScore W314406902C14036430 @default.
• W314406902 hasConceptScore W314406902C143724316 @default.
• W314406902 hasConceptScore W314406902C149782125 @default.
• W314406902 hasConceptScore W314406902C151730666 @default.
• W314406902 hasConceptScore W314406902C158622935 @default.
• W314406902 hasConceptScore W314406902C159877910 @default.
• W314406902 hasConceptScore W314406902C162324750 @default.
• W314406902 hasConceptScore W314406902C175025494 @default.
• W314406902 hasConceptScore W314406902C175444787 @default.
• W314406902 hasConceptScore W314406902C176398731 @default.
• W314406902 hasConceptScore W314406902C200941418 @default.
• W314406902 hasConceptScore W314406902C207864730 @default.
• W314406902 hasConceptScore W314406902C2778816174 @default.
• W314406902 hasConceptScore W314406902C33332235 @default.
• W314406902 hasConceptScore W314406902C33923547 @default.
• W314406902 hasConceptScore W314406902C556758197 @default.
• W314406902 hasConceptScore W314406902C61797465 @default.
• W314406902 hasConceptScore W314406902C62520636 @default.
• W314406902 hasConceptScore W314406902C78458016 @default.
• W314406902 hasConceptScore W314406902C86803240 @default.
• W314406902 hasLocation W3144069021 @default.
• W314406902 hasOpenAccess W314406902 @default.
• W314406902 hasPrimaryLocation W3144069021 @default.
• W314406902 hasRelatedWork W1482142558 @default.
• W314406902 hasRelatedWork W1503347887 @default.
• W314406902 hasRelatedWork W1594806600 @default.

• next