Add to ORKGThree panel data estimation methods are used to estimate the cointegrating equations for the demand for money (M1) in 14 developing Asian countries. Tests for the effects of financial reforms are made with estimates for two sub-samples of 1970-1985 and 1986-2005. Our results show that money demand functions in these Asian countries are stable and financial reforms have yet to have any significant effects. This implies that the central banks of these countries should use money supply, instead of the rate of interest, as the monetary policy instrument
There has been extensive theoretical and empirical research on the subject of money demand. The usef...
This paper examines the long- and short-run determinants of the demand for money in six countries in...
Money demand is important in formulating the monetary policy. Therefore, this study aims to identify...
Three panel data estimation methods are used to estimate the cointegrating equations for the demand ...
Alternative panel data estimation methods are used to estimate the cointegrating equations for the d...
Alternative panel data estimation methods are used to estimate the cointegrating equations for the d...
A systems GMM method is used to estimate the demand for money (M1) for a panel of 11 Asian countries...
Time series panel data estimation methods are used to estimate cointegrating equations for the deman...
The Pedroni (2000) panel cointegration method is used to estimate the cointegrating equations for th...
This study deals with the issue of independent monetary policy and the stability of the domestic mon...
A stable demand for money function is a necessary condition for the supply of money to be utilized a...
In this paper, we estimate a money demand function for a panel of five South Asian countries. We fin...
A cointegration, error correction models and CUSUM stability test are employed in this study aimed a...
This paper examines the long- and short-run determinants of the demand for money in six countries in...
The present study uses the most recent time series data obtained from the Bank of Thailand during th...
There has been extensive theoretical and empirical research on the subject of money demand. The usef...
This paper examines the long- and short-run determinants of the demand for money in six countries in...
Money demand is important in formulating the monetary policy. Therefore, this study aims to identify...
Three panel data estimation methods are used to estimate the cointegrating equations for the demand ...
Alternative panel data estimation methods are used to estimate the cointegrating equations for the d...
Alternative panel data estimation methods are used to estimate the cointegrating equations for the d...
A systems GMM method is used to estimate the demand for money (M1) for a panel of 11 Asian countries...
Time series panel data estimation methods are used to estimate cointegrating equations for the deman...
The Pedroni (2000) panel cointegration method is used to estimate the cointegrating equations for th...
This study deals with the issue of independent monetary policy and the stability of the domestic mon...
A stable demand for money function is a necessary condition for the supply of money to be utilized a...
In this paper, we estimate a money demand function for a panel of five South Asian countries. We fin...
A cointegration, error correction models and CUSUM stability test are employed in this study aimed a...
This paper examines the long- and short-run determinants of the demand for money in six countries in...
The present study uses the most recent time series data obtained from the Bank of Thailand during th...
There has been extensive theoretical and empirical research on the subject of money demand. The usef...
This paper examines the long- and short-run determinants of the demand for money in six countries in...
Money demand is important in formulating the monetary policy. Therefore, this study aims to identify...