Search Results - subject:"Money Demand Function"

Stability of money demand function in Pakistan

Omer, Muhammad - Volkswirtschaftliche Fakultät, … - 2009

a stable money demand function, which in turn requires stability in velocity. Instability in velocity on the other hand …

Persistent link: https://www.econbiz.de/10009644923

Testing the Stability of Demand for Money in Tonga

Kumar, Saten; Manoka, Billy - Volkswirtschaftliche Fakultät, … - 2008

The aim of this study is to investigate if there is a stable demand for money for Tonga. Our empirical results based on the alternative time series approaches of LSE-Hendry's General to Specific (GETS) and Johansen's Maximum Likelihood (JML) show that there is a unique cointegrated and stable...

Persistent link: https://www.econbiz.de/10008587492

A Time-Varying Approach of the US Welfare Cost of Inflation

Miller, Stephen M.; Martins, Luis F.; GUPTA, RANGAN - Department of Economics, University of Connecticut - 2014

cost of inflation for the US economy using a flexible time-varying cointegration methodology to estimate the money demand … function. We find evidence that the time-varying cointegration estimation provides a better fit of the actual data than a time …

Persistent link: https://www.econbiz.de/10010888352

Is money targeting an option for Bank Indonesia?

Narayan, Paresh - 2007

In this paper, using the cash-in-advance model, we estimate Indonesia's money demand function for the period 1970 …

Persistent link: https://www.econbiz.de/10009483710

Stock market fluctuations and money demand in Italy, 1913-2003

Caruso, Massimo - Banca d'Italia - 2006

This paper examines the impact of stock market fluctuations on money demand in Italy taking a long-run perspective. The empirical findings suggest that stock market fluctuations contribute to explain temporary movements in the liquidity preference, rather than its secular patterns. Overall, a...

Persistent link: https://www.econbiz.de/10005609359

Dynamic analysis of money demand function in Turkey

Doǧru, Bülent; Recepoǧlu, Mürşit - In: International journal of economics and finance 5 (2013) 9, pp. 20-27

Persistent link: https://www.econbiz.de/10010190860

Dollar monopoly in international currency system : prospect of Asian common currency

Bayazid, Sarker Md. - In: Bangladesh journal of political economy 28 (2012) 1, pp. 55-70

Persistent link: https://www.econbiz.de/10011720990

Survey Forecasts and Money Demand Functions: Some International Evidence

Pierdzioch, Christian; Rülke, Jan-Christoph; … - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 57 (2011) 1, pp. 5-14

We derive a money demand function from a dynamic macroeconomic general equilibrium model to analyze the correlations … output, and the nominal interest rate. Upon estimating the money demand function on survey data of professional economists … professional economists' forecasts are broadly consistent with the money demand function implied by the macroeconomic model. …

Persistent link: https://www.econbiz.de/10010567109

Estimating money demand functions for South Asian countries

Narayan, Paresh; Narayan, Seema; Mishra, Vinod - In: Empirical Economics 36 (2009) 3, pp. 685-696

Persistent link: https://www.econbiz.de/10004995476

Money demand function versus monetary integration: Revisiting panel cointegration among GCC countries

Lee, Chien-Chiang; Chang, Chun-Ping; Chen, Pei-Fen - In: Mathematics and Computers in Simulation (MATCOM) 79 (2008) 1, pp. 85-93

empirically re-examine the long-run money demand function for six selected countries of the Gulf Cooperation Council (GCC) in 1979 …

Persistent link: https://www.econbiz.de/10010749388