This article finds that the demand for real M1 in Argentina has a positive relationship with real income and peso depreciation and a negative relationship with the domestic deposit rate, the foreign interest rate, and the expected inflation rate. Real stock prices do not affect the demand for...

Extending Bernanke and Blinder (1988, 1992), Kashyap and Stein (2000), Peek and Rosengren (2010) and others, this paper incorporates two additonal variables - the world interest rate and the exchange rate - into the bank loan supply function. The results show that the demand for bank loans is...

The focus of this paper is to examine potential impacts of fiscal and monetary policies on stock market performance in Poland. Applying the GARCH model and based on a sample during 1999.Q2 to 2012.Q4, this paper finds that Poland’s stock market index is not affected by the ratio of government...

This paper finds support for the trilemma for Norway, suggesting that the three trilemma policies - exchange rate stability, monetary independence and financial integration - have a tradeoff. Although the policy combination of exchange rate stability and monetary independence was dominant in...

Based on a simultaneous-equation model of loan demand and loan supply and applying the three-stage least squares method, this paper finds that loan demand is negatively affected by the lending rate and positively associated with manufacturing production and the inflation rate and that loan...

In this study, we examine the determinants of college student migration based on a sample of 50 states in 1992. Major findings show that the net migration rate of college students is negatively correlated with per capita personal income, tax burdens, and crime rates, but positively associated...

Based on a generalized functional form, this study tests potential spatial differences in the price and income elasticities of demand for natural gas. Empirical results show that the double-log and linear forms can be rejected at the 1 percent or 10 percent level and that price and income...

This paper finds that except for Poland, the other six countries possess moderate or significant monetary autonomy in the long run as their interest rates make partial or small adjustments to a change in the Euro area interest rate. Except for the Czech Republic and Poland, the findings support...

This paper finds evidence of the trilemma for Bulgaria, suggesting that exchange rate stability, monetary independence and free capital mobility are binding and constrained. The policy combination of exchange rate stability and monetary independence has been prevalent. More exchange rate...