Tomoyoshi Yabu
Biographic Data
| ID | 8921300 |
|---|---|
| NAME | Tomoyoshi Yabu |
| GIVEN NAMES | Tomoyoshi |
| FAMILY NAME | Yabu |
| SIGNATURE | YABU T |
| AFFILIATIONS | Keio University |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2009 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 0 |
The demand for money at the zero interest rate bound
This paper undertakes both a narrow and wide replication of the estimation of a money demand function conducted by Ireland ( American Economic Review , 2009). Using US data from 1980 to 2013, we show that the substantial increase in the money‐income ratio during the period of near‐zero interest rates is captured well by the log–log specification but not by the semi‐log specification, contrary to the result obtained by Ireland (2009). Our estimate…
Testing for Shifts in Trend With an Integrated or Stationary Noise Component
We consider testing for structural changes in the trend function of a time series without any prior knowledge of whether the noise component is stationary or integrated. Following Perron and Yabu (2009), we consider a quasi-feasible generalized least squares procedure that uses a super-efficient estimate of the sum of the autoregressive parameters αwhen α=1. This allows tests of basically the same size with stationary or integrated noise regardle…
No prominent works on this page.
Testing for Shifts in Trend With an Integrated or Stationary Noise Component
We consider testing for structural changes in the trend function of a time series without any prior knowledge of whether the noise component is stationary or integrated. Following Perron and Yabu (2009), we consider a quasi-feasible generalized least squares procedure that uses a super-efficient estimate of the sum of the autoregressive parameters αwhen α=1. This allows tests of basically the same size with stationary or integrated noise regardle…
The demand for money at the zero interest rate bound
This paper undertakes both a narrow and wide replication of the estimation of a money demand function conducted by Ireland ( American Economic Review , 2009). Using US data from 1980 to 2013, we show that the substantial increase in the money‐income ratio during the period of near‐zero interest rates is captured well by the log–log specification but not by the semi‐log specification, contrary to the result obtained by Ireland (2009). Our estimate…
Econometrics (2 works) · Mathematics (2 works) · Monetary Policy and Economic Impact (2 works) · Statistics (2 works) · Applied Mathematics (1 work) · Autoregressive model (1 work) · Computer Science (1 work) · Demand curve (1 work) · Demand for money (1 work) · Economic theories and models (1 work)