Menu Expand

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

Cite JOURNAL ARTICLE

Style

Panayotopoulos, D. Inflationary Expectations and the Demand for Money: The Greek Experience “A Comment and Some Different Results” — A Rejoinder. Credit and Capital Markets – Kredit und Kapital, 17(2), 272-280. https://doi.org/10.3790/ccm.17.2.272
Panayotopoulos, Dimitris "Inflationary Expectations and the Demand for Money: The Greek Experience “A Comment and Some Different Results” — A Rejoinder" Credit and Capital Markets – Kredit und Kapital 17.2, 1984, 272-280. https://doi.org/10.3790/ccm.17.2.272
Panayotopoulos, Dimitris (1984): Inflationary Expectations and the Demand for Money: The Greek Experience “A Comment and Some Different Results” — A Rejoinder, in: Credit and Capital Markets – Kredit und Kapital, vol. 17, iss. 2, 272-280, [online] https://doi.org/10.3790/ccm.17.2.272

Format

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

Panayotopoulos, Dimitris

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

2 Citations (CrossRef)

Additional Information

Article Details

Panayotopoulos, Dimitris

Cited By

  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]
  2. “Has There Been a Shift in the Greek Money Demand Function?”

    Himarios, Daniel

    Credit and Capital Markets – Kredit und Kapital, Vol. 20 (1987), Iss. 1 P.106

    https://doi.org/10.3790/ccm.20.1.106 [Citations: 1]

References

  1. Bank of Greece: The First Fifty Years ofthe Bank of Greece, Athens, 1978.  Google Scholar
  2. Brissimis, S. and Leventakis, J.: “Inflationary Expectations and the Demand of Money: The Greek Experience”, Kredit und Kapital, 4/81.  Google Scholar
  3. Brissimis, S. and Leventakis, J.: “Inflationary Expectations and the Demand for Money: The Greek Experience -- A Comment and Some Different Results -- A Reply”, Kredit and Kapital, 2/83.  Google Scholar
  4. Himarios, D.: “Inflationary Expectations and the Demand for Money: The Greek Experience - A Comment and Some Different Results”, Kredit und Kapital, 2/83.  Google Scholar
  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
  7. Panayotopoulos, D.: “The Phillips Curve: The Greek Experience”, SPOUDAI, 1/82.  Google Scholar
  8. Panayotopoulos, D.: “The Demand for Money in Greece: Empirical Estimation using quarterly observations, 1962 - 1981”, SPOUDAIL, 1 & 2/83.  Google Scholar

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.