Arize, A.C.; Malindretos, J.; Christoffersen, S. - In: Journal of Economic Studies 30 (2003) 5, pp. 493-513
This paper examines the existence and stability of both the long‐ and short‐run demand for narrow and broad money balances. The data for Singapore are used as a case study. The quarterly period examined is 1973:2‐1999:3 (105 observations). The study reveals the existence of a systematic...