Author: Palle Schelde Andersen
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 76
Book Description
The Stability of Money Demand Functions
Author: Palle Schelde Andersen
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 76
Book Description
Survey of Literature on Demand for Money
Author: Mr.Subramanian S. Sriram
Publisher: International Monetary Fund
ISBN: 1451848544
Category : Business & Economics
Languages : en
Pages : 78
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.
Publisher: International Monetary Fund
ISBN: 1451848544
Category : Business & Economics
Languages : en
Pages : 78
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.
An Analysis of the Stability of Money Demand Functions Specified with a Divisia Monetary Aggregate as the Dependent Variable
Author: Richard J. Fendler
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 96
Book Description
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 96
Book Description
The Impact of Banking Crises on Money Demand and Price Stability
Author: Maria Soledad Martinez Peria
Publisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 86
Book Description
Policymakers in countries undergoing banking crises should not worry about the structural stability of money demand functions; the behavior of money demand during crises can be modeled by the same function used during periods of tranquility. But policymakers should be aware that in some instances crises can give rise to variance instability in the price or inflation equations.
Publisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 86
Book Description
Policymakers in countries undergoing banking crises should not worry about the structural stability of money demand functions; the behavior of money demand during crises can be modeled by the same function used during periods of tranquility. But policymakers should be aware that in some instances crises can give rise to variance instability in the price or inflation equations.
Achieving Price, Financial and Macro-Economic Stability in South Africa
Author: Nombulelo Gumata
Publisher: Springer Nature
ISBN: 303066340X
Category : Business & Economics
Languages : en
Pages : 556
Book Description
This book explores the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation in South Africa. How employment can be maximised while keeping inflation low and stable is examined in relation to the structural changes required to alter the composition of South African bank balance sheets. Quantitative methods and approaches are utilised to highlight the impact of suggested policies. This book aims to outline strategies and policy interventions that can help achieve the National Development Plan in South Africa. It will be of interest to researchers and policymakers working within development economics, African economics, development finance, and financial policy.
Publisher: Springer Nature
ISBN: 303066340X
Category : Business & Economics
Languages : en
Pages : 556
Book Description
This book explores the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation in South Africa. How employment can be maximised while keeping inflation low and stable is examined in relation to the structural changes required to alter the composition of South African bank balance sheets. Quantitative methods and approaches are utilised to highlight the impact of suggested policies. This book aims to outline strategies and policy interventions that can help achieve the National Development Plan in South Africa. It will be of interest to researchers and policymakers working within development economics, African economics, development finance, and financial policy.
The Stability of the Money Demand Function
Author: Dirk C. Shelley
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 208
Book Description
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 208
Book Description
Is There a Stable Money Demand Function Under the Low Interest Rate Policy?
Author: Hiroshi Fujiki
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 58
Book Description
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 58
Book Description
The Stability of the Dutch Money Demand Function
Author: Elmer Sterken
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 27
Book Description
Publisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 27
Book Description
On the Stability of Money Demand in Ghana
Author: Jihad Dagher
Publisher: International Monetary Fund
ISBN: 146392528X
Category : Business & Economics
Languages : en
Pages : 20
Book Description
This paper adopts the bounds testing procedure developed by Pesaran et al. (2001) to test the stability of the long-run money demand for Ghana. The results provide strong evidence for the presence of a stable, well-identified long-run money demand during a period of substantial changes in the financial markets. The empirical evidence points to complex dynamics between money demand and its determinants while suggesting that deviations from the equilibrium are rather short-lived.1
Publisher: International Monetary Fund
ISBN: 146392528X
Category : Business & Economics
Languages : en
Pages : 20
Book Description
This paper adopts the bounds testing procedure developed by Pesaran et al. (2001) to test the stability of the long-run money demand for Ghana. The results provide strong evidence for the presence of a stable, well-identified long-run money demand during a period of substantial changes in the financial markets. The empirical evidence points to complex dynamics between money demand and its determinants while suggesting that deviations from the equilibrium are rather short-lived.1
Money Demand and Monetary Policy
Author: Douglas Fisher
Publisher: University of Michigan Press
ISBN: 9780472101696
Category : Business & Economics
Languages : en
Pages : 254
Book Description
An analysis of the literature dealing with the demand for money
Publisher: University of Michigan Press
ISBN: 9780472101696
Category : Business & Economics
Languages : en
Pages : 254
Book Description
An analysis of the literature dealing with the demand for money