Adil, Masudul Hasan; Hatekar, Neeraj R. - In: Cogent economics & finance 11 (2023) 1, pp. 1-20
The stable money demand function is a crucial policy tool of the monetary policy of any central bank, which links the … monetary sector of an economy to its real sector. Notably, after the global financial crisis of 2007-08, the role of money has … bound. It is crucial to know whether money demand is stable for inferring a sound monetary policy. To this end, the present …