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 …

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

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 …

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

Monetary policy in Nigeria aims is to achieve price and monetary stability. During the 1980s and 1990s, monetary … new monetary policy framework through which short-term interest rates are adjusted to achieve stability in the value of …

Whether or not there is a need for the unit roots and cointegration based time series econometric methods is a …

squares (FMOLS) panel cointegration method, applying to a sample of 25 African countries for which annual data is available …