Singh, Prakash; Pandey, Manoj K - In: The IUP Journal of Applied Economics XI (2012) 2, pp. 59-69
: The paper is an attempt to analyze the behavior of money demand function in India using annual data for the period 1953-2008. Gregory and Hansen (1996) cointegration results show the presence of cointegration between demand for money, real GDP and nominal interest rate with structural break in...