This paper investigates the issues of stability, predictability and interestsensitivity of both the long and short run … that estimated by Friedman and Schwartz (1982). The stability of long and short-run money demand within and out of the … estimation period is investigated employing a multivariate framework. To test for the existence and the stability of money demand …

By applying the methods of cointegration and error-correction, this paper investigates the money demand behaviour in …

This paper re-examines broad money (M2) demand and its stability in Nigeria using the Autoregressive Distributed Lag …

Central Bank (ECB). In this contribution we examine the stability of money demand in the euro area by taken the period of the …

Central Bank (ECB). In this contribution we examine the stability of money demand in the euro area by taken the period of the …

The goal of this paper is to examine the long and short-run determinants, and stability of money demand (M1) in the … Republic of Macedonia using monthly data from January 2005 to October 2012. The Johansen cointegration technique and VECM model …

stability of the euro area money demand function. We also compare single equation methods like the ARDL approach, FMOLS, CCR and …

We examine the long-run demand for money of Hong Kong using the autoregressive distributed lag (ARDL) cointegration … determinants. In addition, the CUSUM and CUSUMSQ tests confirm the stability of the money demand function. …

problem of spurious regression. When existent, cointegration is the simplest way of eliminating the illogical correlation … established between time series due to the presence of trends. The analysis of macroeconomic time series through cointegration is … a common fact. Modelling the Romanian M2 money demand through cointegration and vector error correction led to somewhat …

Cointegration analysis is applied to investigate the long run relationships between money, prices, and wages in Norway …