Sarwar, haroon; Hussian, zakir; Awan, masood sarwar - Volkswirtschaftliche Fakultät, … - 2011
The money demand function plays a key role in monetary policy formulation. Pakistan economy witnessed severe monetary … demand functions were estimated and Stability was also tested. The money demand function based on broader Divisia aggregate … (DivM2) was found to be the stable money demand function for Pakistan. The results indicated that the Divisia based money …