Foresti, Pasquale; Napolitano, Oreste - In: Applied Financial Economics 23 (2013) 22, pp. 1707-1719
In this article, we investigate the presence of a long-run money demand in a selected group of nine developed OECD countries (G7 plus Australia and Switzerland). Our estimations are based on panel DOLS and between-dimension group-mean panel DOLS introduced by Mark and Sul (2003) and Pedroni...
