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Stability of the money demand function in Asian developing countries


Stability of the money demand function in Asian developing countries

Many studies have examined the cointegrating properties of money demand function in Asian countries. These studies have interpreted their finding of ...

Stability of the money demand function in Asian developing countries

This study, after incorporating the CUSUM and CUSUMSQ tests into cointegration analysis, shows that in some Asian countries even though real M1 or M2 monetary ...

Journal of Economic Integration Stability of Money Demand Function ...

demand functions of money are stable in many developing Asian countries even though such evidence is largely missing in the South Asian context. Therefore ...

Stability of the money demand function in Asian developing countries

By Mohsen Bahmani-Oskooee and Hafez Rehman; Abstract: Previous studies that estimated the money demand function in Asian developing countries either ...

Bahmani-Oskooee, M., & Rehman, H. (2005). Stability of the Money ...

Bahmani-Oskooee, M., & Rehman, H. (2005). Stability of the Money Demand Function in Asian Developing Countries. Applied Economics, 37, 773-792.

Re-examining money demand function for South Asian economies

Besides, the results indicate that the money demand function is stable in Bangladesh, Bhutan, India, Pakistan, and the Maldives, while the findings support only ...

Stability of Money Demand Function in the SAARC Region: A Panel ...

We also discover long-run bidirectional causality among these variables. Our results indicate that the money demand function was stable in South Asian economies ...

Financial Reforms, Stability of the Money Demand Function ... - jstor

money demand obtained by Aghevli et al. (1979) and Tseng and Corker (1991) for other. Asian developing countries. The coefficients of the expected rate of ...

(PDF) Stability of money demand function in emerging Countries

The stability analysis of each country confirms stable money demand function. The error correction model reveals any deviation from the ...

stability of money demand function in emerging countries: static and ...

The stability analysis of each country confirms stable money demand function. The error correction model reveals any deviation from the ...

Does digital finance change the stability of money demand function ...

Developed nations have largely transitioned their intermediary monetary policy target from money supply to interest rates since the 1980 s, rendering the ...

Money Demand Stability under Currency Substitution: Some Recent ...

... money demand function in the presence of currency substitution and capital mobility in five Asian economies. It is argued that money demand will be less stable ...

The demand for money in LDCs: empirical results - SpringerLink

... Asian Developing Countries', International Economic ... Cardoso, E. A. (1983) 'A Money Demand Equation ... Darrat, A. F. (1986b) Monetarization and Stability of ...

An Empirical Analysis of the Money Demand Function in Asean-5

M Bahmani-Oskooee , H Rehman. Stability of the money demand function in Asian developing countries. Applied Economics , volume 37 , issue 7 ...

Revisiting Money Demand Function for GCC Countries and Testing ...

A money demand's stability is necessary condition in choosing the appropriate monetary policy. The present study has investigated the most ...

Financial Development and Money Demand Function: Cointegration ...

The results confirmed stable money demand function using velocity of money, real permanent income per capita, real interest rate, transitory ...

A Survey of Recent Empirical Money Demand Studies

... Demand for Money in Small Developing. Economies,” Applied Economics, Vol. ... Hossain, Akhtar, 1994, “The Search for a Stable Money Demand Function for Pakistan: ...

Journal of Economics and International Finance - stability of money ...

Bahmani-Oskooee M, Rehman H (2005). Stability of the money demand function in Asian developing countries. Applied Economics 37:773-792. Crossref. Bahman ...

Instability of Money Demand: Recent Evidence for Thailand

Examining stability properties of money demand in Thailand using M1, M2, and M3 aggregates. Findings reveal long-run relationship with real GDP and interest ...

Monetary Integration, Money-Demand Stability, and the Role ... - HAL

(2003) for Taiwan, and by Rao and Kumar (2009) for a set of Asian countries. Most of these works report stable money demand functions. Page 7. 6.