Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055291 | Economic Modelling | 2012 | 8 Pages |
Abstract
⺠Extreme bounds analysis is used to analyze the demand for money functions. ⺠Cointegration is tested with a panel error correction method. ⺠Data for 17 Asian countries over the period 1970-2009 have been utilized. ⺠The results show that there is a well-defined long-run demand for money. ⺠Our paper offers useful methodological guidelines.
Related Topics
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Economics, Econometrics and Finance
Economics and Econometrics
Authors
Saten Kumar, B. Bhaskara Rao,