{
  "title": "International Comparisons of Money Demand: A Review Essay",
  "publication": "IMF Working Papers, January 1, 1992",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756",
  "canonical": "https://www.imf.org/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756",
  "overlayPath": "/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756/index.md",
  "summary": "Many studies of the demand for money, covering a wide variety of economies, have demonstrated the importance of financial innovations and shifts in monetary policy regimes, but they have also illustrated the difficulty of measuring and assessing such changes.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Author: James M. Boughton\n- Date: January 1, 1992\n- Series: Working Paper No. 1992/007\n- Issue: 007\n- Summary of scope: Reviews the literature on money demand comparisons, focusing primarily on industrial countries."
    },
    {
      "heading": "Key findings",
      "content": "- Many studies of the demand for money, covering a wide variety of economies, have demonstrated the importance of financial innovations and shifts in monetary policy regimes.\n- Measuring and assessing financial innovations and regime shifts is difficult.\n- Innovations and regime shifts have differed markedly across countries, making international comparisons useful for identifying their effects.\n- The paper finds that innovations have had widespread effects.\n- The demand for money is not generally less stable now than it was before those changes occurred."
    },
    {
      "heading": "Subject matter and keywords",
      "content": "- Subject: Demand for money, Money\n- Keywords: aggregate money demand function, balance, buffer-stock model, Demand for money, error-correction model, money, money balance, money demand equation, WP\n\n---\n\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756/index.md)",
    "[Structured JSON version](/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756/index.json)",
    "[Bundle manifest](/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756/bundle-manifest.json)",
    "Authors: James M. Boughton",
    "Published: January 1, 1992",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451842357.001",
    "Author: James M. Boughton",
    "Date: January 1, 1992",
    "Series: Working Paper No. 1992/007",
    "Issue: 007",
    "Summary of scope: Reviews the literature on money demand comparisons, focusing primarily on industrial countries.",
    "Many studies of the demand for money, covering a wide variety of economies, have demonstrated the importance of financial innovations and shifts in monetary policy regimes.",
    "Measuring and assessing financial innovations and regime shifts is difficult.",
    "Innovations and regime shifts have differed markedly across countries, making international comparisons useful for identifying their effects.",
    "The paper finds that innovations have had widespread effects.",
    "The demand for money is not generally less stable now than it was before those changes occurred.",
    "Subject: Demand for money, Money",
    "Keywords: aggregate money demand function, balance, buffer-stock model, Demand for money, error-correction model, money, money balance, money demand equation, WP"
  ],
  "alternates": {
    "markdown": "/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756/index.md",
    "json": "/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756/index.json",
    "bundleManifest": "/en/publications/wp/issues/2016/12/30/international-comparisons-of-money-demand-a-review-essay-756/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-17T06:47:09.917Z"
}