Traditional studies of money demand for both developed and less developed countries have shown that there are periods … of "missing money," that is, there is consistent over-prediction of real balances. This paper uses cointegration … techniques to study the effects of financial innovation on the demand for real balances in Bolivia, Israel and Venezuela. The …

past few years, Venezuela and Bolivia have announced plans to renationalizetheir oil and natural gas industry.The first … focusing specifically on four countries – Bolivia,Venezuela, Mexico and Nigeria. There are various components influencing the …