Siliverstovs, Boriss - In: Baltic Journal of Economics 8 (2008) 1, pp. 53-74
This study develops a money demand model for Latvia for the period from 1996 to 2006. The model isspecified in the error-correction form based on a single co-integrating vector between real money balances, gross domestic product, long-term interest rate, and the rate of inflation. The model...