procedure for cointegration within the autoregressive distributed lag (ARDL) framework to search for the stability of money … rolling cointegration test to re-investigate the stability of money demand function in Japan. …The main purpose of this study is to re-investigate the stability of Japanese M2 money demand function over the period …

Cointegration analysis is applied to investigate the long run relationships between money, prices, and wages in Norway …

investigation into the level and stability of money demand (M1) for Australia and New Zealand over the 1960-2009 period and … series methods provide consistent results with 1984 and 1998 break dates. CUSUM and CUSUMSQ stability tests reveal that M1 … demand functions were unstable over the 1984 to 1998 period for both countries although tests for stability are not rejected …

This paper presents an empirical investigation into the level and stability of money demand (M1) in Nigeria between …

). Our estimation techniques include Johansen cointegration test and the dynamic ordinary least squares (DOLS). We find that … the DOLS procedure is not applicable for our data set. However, our results from Johansen cointegration test reveal that …

countries. By applying panel cointegration tests, the empirical results reveal strong evidence of cointegration between the …

approach, results reveal evidence of cointegration between broad money demand and its determinants, namely final consumption … estimation methods. The empirical investigation suggests also the stability of the broad money demand function during the sample …

This paper explores the stability of the demand for narrow money in the Pacific Island Countries viz, Fiji, Vanuatu … cointegrated. The CUSUM and CUSUMSQ stability test results indicate that the demand for money functions for these countries are …