Dependent Variable: LM Method: Least Squares Sample. 1952Q2 1978Q4 Included observations: 107 Variable Coefficient Std. Error t-Statistic Prob. C -1.002700 0.844412 -1.187454 0.2378 LSRR 0.003072 0.011534 0.266307 0.7905 LLRR -0. 145933 0.071757 -2.033721 0.0446 INF 0.000755 0.001728 0.437002 0.6630 LGNP 0.282622 0.072061 3.921961 0.0002 LW -0.024566 0.099428 -0.247077 0.8054 R-squared 0.706883 Mean dependent var 0.807069 Adjusted R-squared 0.692372 S.D. dependent var 0.052972 S.E. of regression 0.029381 Akaike info criterion -4. 162525 Sum squared resid 0.087185 Schwarz criterion -4.012646 Log likelihood 228.6951 Hannan-Quinn criter. -4. 101766 F-statistic 48.71439 Durbin-Watson stat 0.064255 Prob(F-statistic) 0.000000LMt = B1 + B2LSRRt + B3LLRRt + BAINFt + BLGNP+ + B6LWt + It where LM = logarithm of MI real money demand LSRR = logarithm of short term rate of interest LLRR = logarithm of long term rate of interest INF = inflation rate LGNP = logarithm of real GNP LW = logarithm of real wealth