Cointegration, structural breaks and the demand for money in Bangladesh

This article allows for endogenous structural breaks in the cointegration equation and investigates if there is a stable demand for money for Bangladesh. We have used the Gregory and Hansen framework and found that there was an intercept shift and a well-determined and stable demand for money in Bangladesh exists.

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Year of publication:	2009
Authors:	Rao, B. Bhaskara ; Kumar, Saten
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 41.2009, 10, p. 1277-1283
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004992335