Brissimis, Sophocles N.; Hondroyiannis, George; Swamy, … - In: Oxford Bulletin of Economics and Statistics 65 (2003) 5, pp. 605-628
This paper examines the behaviour of the demand for money in Greece during 1976Q1 to 2000Q4, a period that witnessed many of the influences that cause money-demand instability. Two empirical methodologies, vector error correction (VEC) modelling and second-generation random coefficient (RC)...