Arize, A.C.; Malindretos, J.; Christoffersen, S. - In: Journal of Economic Studies 30 (2003) October, 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 long-run...