کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5087871 | 1375461 | 2007 | 16 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Scale variable specification in a money demand function for Malaysia
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
We investigate what scale variable is most appropriate in the money demand function for Malaysia. Candidates include income, consumption, disposable income, and domestic absorption and these are considered for simple sum M1 and M2 and for Divisia M1 and M2. Non-nested tests and other model selection criteria such as R2 are used. The non-nested tests for the M1 aggregates are inconclusive but more support is given for income as the scale variable for the M2 aggregates, especially for Divisia M2. The other procedures also show that income is preferred for M2 and some support is also given for income for the M1 aggregates.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Asian Economics - Volume 18, Issue 6, December 2007, Pages 867-882
Journal: Journal of Asian Economics - Volume 18, Issue 6, December 2007, Pages 867-882
نویسندگان
Jauhari Dahalan, Subhash C. Sharma, Kevin Sylwester,