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

aggregate is considered as the nominal anchor. The stability of the money demand has been the focus of numerous debates due to …

) approach to cointegration analysis. The empirical results show that there is a unique cointegrated and stable long …

) approach to cointegration analysis. The empirical results show that there is a unique cointegrated and stable long …

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 …

This paper attempts to take a meticulous look on stability of money demand in India Using annual data for period 1953 …-2007 and the Hansen (1992) and Gregory Hansen (1996) co-integration approaches with structural break. Results of the Gregory … Hansen (1996) cointegration analysis show the presence of cointegration in demand for money, real GDP and nominal interest …

are deduced using Granger causality, Johansen cointegration, error correction term causality tests and FMOLS estimates …. Furthermore, we use the Hansen stability test of all these tests using LC, MeanF and SupF. The findings exhibit stable Sectorial …

The study estimates the dynamic demand for money (M2) function in Pakistan by employing cointegration analysis and …