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Assessment of Money Demand in the Russian Economy with the Development of Banking Technology

Sinelnikova, Elena Sinelnikova, - Gaidar Institute for Economic Policy - 2012

Traditional microeconomic approaches to demand for money problem are considered in the article. It also discusses current view of monetary theory on concept of “money”. New approach gives reasoning to existence of variety of payment innovations. It provides theoretical base for inclusion of...

Persistent link: https://www.econbiz.de/10010658687

Demand for Money in Nepal: An ARDL Bounds Testing Approach

Budha, Birendra Bahadur - In: 2014, Volume 26, Issue 2 25 (2013) 1, pp. 21-36

This paper investigates the demand for money in Nepal using the Autoregressive Distributed Lag (ARDL) approach for the …

Persistent link: https://www.econbiz.de/10010720063

Hat die Finanzkrise zu einer instabilen Geldnachfrage geführt?

Dreger, Christian; Wolters, Jürgen - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 79 (2010) 4, pp. 135-145

Central Bank (ECB). In this contribution we examine the stability of money demand in the euro area by taken the period of the …

Persistent link: https://www.econbiz.de/10008919643

The stability of money demand function in Japan: Evidence from rolling cointegration approach

Tang, Chor Foon - Volkswirtschaftliche Fakultät, … - 2007

procedure for cointegration within the autoregressive distributed lag (ARDL) framework to search for the stability of money …The main purpose of this study is to re-investigate the stability of Japanese M2 money demand function over the period … that the money demand function is stable over the analysis period. However, the evidence of rolling ARDL cointegration test …

Persistent link: https://www.econbiz.de/10008567683

Unconventional Monetary Policy and Money Demand

Dreger, Christian; Wolters, Jürgen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

This paper investigates the usefulness of the money demand relationship in times of unconventional monetary policies by cointegration methods. In contrast to the bulk of the literature, evidence in favour of a stable long run money demand function is presented both for the US and the euro area....

Persistent link: https://www.econbiz.de/10011128871

On Stability of the Demand for Money in a Developing OECD

HALICIOGLU, Ferda; UGUR, Mehmet - EconWPA - 2005

This paper empirically analyses the stability of the narrow money demand function (M1) in Turkey for the period 1950 … this policy framework satisfies the necessary condition for effectiveness, we estimate and test for the stability of … CUSUMSQ stability tests. We demonstrate that there is a stable money demand function and it could be used as an intermediate …

Persistent link: https://www.econbiz.de/10005561131

Estimating Demand for Money within the European Union Area

Hondroyiannis, George - In: Economia Internazionale / International Economics 53 (2000) 3, pp. 321-337

This paper investigates the issues of stability, predictability and interestsensitivity of both the long and short run … that estimated by Friedman and Schwartz (1982). The stability of long and short-run money demand within and out of the … estimation period is investigated employing a multivariate framework. To test for the existence and the stability of money demand …

Persistent link: https://www.econbiz.de/10008459623

Structural break, stability and demand for money in India

Singh, Prakash; Pandey, Manoj K. - Volkswirtschaftliche Fakultät, … - 2009

This paper attempts to take a meticulous look on stability of money demand in India Using annual data for period 1953 …

Persistent link: https://www.econbiz.de/10004992052

Money Demand Stability and Inflation: Prediction in the Four Largest EMU Countries

Neaves, Abelardo Salazar; Hossfeld, Oliver; Hagen, Jan; … - Institut für Weltwirtschaft (IfW) - 2008

In this paper we analyze the money demand functions of the four largest EMU countries and of the four-country (EMU-4) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 aggregate. For the case of Italy, results are less...

Persistent link: https://www.econbiz.de/10005818904

Financial Innovation and Stability of Money Demand Function in Postâ€“reform period in India

Singh, Prakash; Pandey, Manoj Kumar - In: Economics Bulletin 30 (2010) 4, pp. 2895-2905

world wide and in India. In this backdrop this paper attempts to take a meticulous look on stability of money demand in …

Persistent link: https://www.econbiz.de/10008692048