Cointegration, structural breaks and the demand for money in Bangladesh

This paper 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:	2007-01-16
Authors:	Rao, B. Bhaskara ; Kumar, Saten

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Rao, B. Bhaskara and Kumar, Saten (2007): Cointegration, structural breaks and the demand for money in Bangladesh.
Classification:	E40 - Money and Interest Rates. General ; E4 - Money and Interest Rates
Source:	BASE

Persistent link: https://www.econbiz.de/10015217012