Dritsakis, Nikolaos - In: The IUP Journal of Applied Economics XI (2012) 3, pp. 5-21
: This paper investigates whether stable long-run money demand function for real narrow money exists in Greece over the period 2001:Q1-2010:Q4. To achieve this objective, the Johansen maximum likelihood procedure is used. Then, Gregory and Hansen tests are applied to test the possible structural...