... stable moneydemand relationship is considered essential for the formulation and conduction of an efficient monetary ...the demand for money function for various monetary ...estimating ...
... produced a period of steady growth in the M2 : GDP ratio and positive real interest rates, both indicative of financial deepening (Lynch,1996), Liberalisation generated greater volatility in nominal interest rates so ...
... how moneydemand has been affected by this shift in economic agents’ ...not moneydemand has changed has important policy implications for the monetary policy ...
... M1 money was consensually considered stable in the industrialized ...M1 moneydemand function began to over predict the demand for money, which Goldfeld (1976) termed as the case of ...
... to money, arguably overlooks investigations on the role of moneydemand by ...more demand deposit than households in the 1970-1990 ...rms’ demand for money as a share of the ...
... of moneydemand functions is unclear and that a large part of the literature discuss the importance of alternative data ...instance, money could be measured by M0, M1, M2 or M3, and the scale ...
... whether moneydemand is ...the demand for money focused on the motives that prompted people to hold cash ...for money are functions of ...in moneydemand include Adekunle ...
... real moneydemand, real GDP, domestic interest rate, inflation rate, exchange rate and foreign interest rate in ...real money balances and the selected macroeconomic variables in ...real money ...
... between moneydemand in Barbados and economic ...standard moneydemand function is augmented with an economic uncertainty index based on the economic uncertainty of Barbados’s main trad ing ...
... The other price variable used in the model specification is the real Effective exchange Rate (REER), which is the multilateral real effective exchange rate of the domestic currency relative to its partner countries. The ...
... of moneydemand starting in the same ...of money which includes the developments in sweep technology and changes in regulations at banking ...real money, the opportunity cost of money, ...
... of moneydemand in Indonesia have started long ...the demand for money is one of the most popular areas for economic science researchers as evidenced by the thousands of articles that discuss ...
... the demand for ...the moneydemand in Macedonia, which has always been taken as a priori given, but has never been proven (or even investigated) ...
... of moneydemand for Jordan over the period ...of moneydemand function and Johansen-Jusilius maximum likelihood technique to find the co- integration among ...and money aggregate (M2) ...
... of money velocity in the euro area a er 2008 is signifi cant at the ...M1). Money velocity changes, which are developed in the quantity theory, play the crucial role in the adjustment mechanism of ...
... the moneydemand function is significant at the 1% ...the moneydemand function, the sign of the coefficient of the nominal effective exchange rate becomes positive and significant at the 5% ...
... estimated demand for M1 for five African countries (Democratic Republic of the Congo, Cote d’Ivoire, Mauritius, Morocco and Tunisia) within an ECM ...the demand for M1 in the long ...M1 demand for ...
... Participation (SIPP) conducted by the United States Bu- reau of the Census from 1996 through 1999 is the pri- mary source of data for this study. The 1996 SIPP panel is selected mainly because it contains time-series ...
... sectoral moneydemand: The first is to estimate moneydemand using a common set of macroeconomic determinants (see von Landesberger, ...household money holdings is important for several ...
... The analysis have been carried out on quarterly data covering a time range going from June 1983:2 to March 2011:2. The first step of these analysis was to identify the optimal lag p in order to determine the number r of ...