Rao, B. Bhaskara; Tamazian, Artur; Singh, Prakash - Volkswirtschaftliche Fakultät, … - 2009
A systems GMM method is used to estimate the demand for money (M1) for a panel of 11 Asian countries from 1970 to 2007. This method has advantages of which the most important one is its ability to minimise small sample bias with persistence in the variables. This system GMM method of Blundell...
