Bhatti, Razzaque H.; Al-Nassar, Nassar S. - In: International journal of education economics and … 14 (2023) 2, pp. 231-251
In this study, cointegration methods are used to test the existence of the money multiplier model in Saudi Arabia for … M3) multipliers over the full sample and pre-crisis period, albeit the M3 multiplier performs better than the M2 … multiplier. Johansen's vector autoregression (VAR) and Pesaran et al. (2001) autoregressive distributed lags (ARDL) cointegration …