Showing 41 - 50 of 160,157
Persistent link: https://www.econbiz.de/10011698014
Persistent link: https://www.econbiz.de/10012059675
first half of the 19th century. The evidence from cointegration tests suggests that a long-run equilibrium relationship for …) cointegration tests produce strong evidence in favor of a stable long-run money demand. Evidence for Israel and Lebanon is weaker … demand or it is mixed across money demand specifications and/or type of cointegration test. …
Persistent link: https://www.econbiz.de/10011961332
This paper re-examines broad money (M2) demand and its stability in Nigeria using the Autoregressive Distributed Lag (ARDL) bounds testing procedure. First, the results indicate that a stable long-run relationship exists between M2 and its determinants including GDP, stock prices, foreign...
Persistent link: https://www.econbiz.de/10011922692
Persistent link: https://www.econbiz.de/10012040111
In this article we derive a microfounded model of money demand under uncertainty built on intertemporally optimizing risk-averse households. Deriving a complete solution of the optimization problem taking the intertemporal budget constraint into account where linearization procedures in our...
Persistent link: https://www.econbiz.de/10011790638
Persistent link: https://www.econbiz.de/10011760365
Persistent link: https://www.econbiz.de/10011748635
Persistent link: https://www.econbiz.de/10012505933
Persistent link: https://www.econbiz.de/10012434857