The Demand for Money in Developing Countries PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Demand for Money in Developing Countries PDF full book. Access full book title The Demand for Money in Developing Countries by . Download full books in PDF and EPUB format.
Author:
Publisher: World Bank Publications
ISBN:
Category : Demand for money
Languages : en
Pages : 49
Get Book Here
Book Description
Author:
Publisher: World Bank Publications
ISBN:
Category : Demand for money
Languages : en
Pages : 49
Get Book Here
Book Description
Author: Rup Singh
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
Get Book Here
Book Description
Author: Saten Kumar
Publisher: Nova Science Publishers
ISBN: 9781629480374
Category : Demand for money
Languages : en
Pages : 0
Get Book Here
Book Description
This publication presents some empirical analysis on the demand for money. It covers a wide range of papers on econometric techniques and on previous empirical work on money demand. Further, it presents estimates of a common specification of money demand across a range of developing countries. One of the interesting contributions of the book is to give more serious attention to developing economies and to more recent empirical studies than previous studies had done. Studies on the demand for money and its stability are very crucial because it has implications for the monetary policy of a country. The existing literature does not offer guidelines on identifying strong empirical evidence given the multitude of econometric methods that are on offer. There exist contrasting views in relation to whether the central banks should use the rate of interest policy. It appears that most central banks pay less attention to the stability of the money demand functions; therefore this publication attempts to shed light on the usefulness of money demand stability for monetary policy. This publication can be a practical guide for professionals such as academics, central bank (financial) policy analysts, university students and emerging researchers.
Author: Patricio Arrau
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
Get Book Here
Book Description
Traditional specifications of money demand have been commonly plagued by persistent overprediction, implausible parameter estimates, and highly autocorrelated errors. This paper argues that some of those problems stem from the failure to account for the impact of financial innovation. We estimate money demand for ten developing countries employing various proxies for the innovation process and provide an assessment of the relative importance of this variable. We find that financial innovation plays an important role in determining money demand and its fluctuations, and that the importance of this role increases with the rate of inflation.
Author: Subrata Ghatak
Publisher: Red Globe Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 326
Get Book Here
Book Description
This book is an introduction to monetary economics with a particular reference to issues relevant for developing economies.
Author: Mr.Subramanian S. Sriram
Publisher: International Monetary Fund
ISBN: 1451848544
Category : Business & Economics
Languages : en
Pages : 78
Get Book Here
Book Description
A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been conducted in both industrial and developing countries to evaluate the determinants and the stability of the money demand function. This paper briefly reviews the theoretical work, tracing the contributions of several researchers beginning from the classical economists, and explains relevant empirical issues in modeling and estimating money demand functions. Notably, it summarizes the salient features of a number of recent studies that applied cointegration/error-correction models in the 1990s, and it features a bibliography to aid in research on demand for money.
Author: Mr.Mohsin S. Khan
Publisher: International Monetary Fund
ISBN: 1451931301
Category : Business & Economics
Languages : en
Pages : 40
Get Book Here
Book Description
This paper examines the relative demands for domestic and foreign currency deposits by residents of developing countries. A dynamic currency substitution model that incorporates forward-looking rational expectations is formulated and then estimated for a group of ten developing countries. The results indicate that the foreign rate of interest and the expected rate of depreciation of the parallel market exchange rate are important factors in the choice between holding domestic money or switching to foreign currency deposits held abroad. From an empirical standpoint, the forward-looking framework adopted here also turns out to be superior to the conventional currency-substitution model.
Author: Derek Deadman
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 27
Get Book Here
Book Description
Author: Patricio Arrau Pons
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Get Book Here
Book Description
Author: Hla Myint (U.)
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 184
Get Book Here
Book Description
Development economics, development theory, economic theory, study of different types of developing countries at different stages of economic development - covers economic policy, population growth, poverty, dual economy, economic structure, agricultural market expansion, wage policy for mines and plantation workers, migrant workers, input output, banking, investments, trade, monetary policy, disguised unemployment and underemployment. References.
