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Endogenous Money in the Age of Financial Liberalization

✍ Scribed by Özgür, Gökçer; Ertürk, Korkut Alp


Book ID
120484141
Publisher
Taylor and Francis Group
Year
2013
Tongue
English
Weight
767 KB
Volume
25
Category
Article
ISSN
0953-8259

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Financial liberalization and money deman
✍ Robert Dekle; Mahmood Pradhan 📂 Article 📅 1999 🏛 John Wiley and Sons 🌐 English ⚖ 150 KB

We estimate long-run money demand equations for the ASEAN-4 countries (Indonesia, Malaysia, Singapore, and Thailand) and evaluate whether the equations are cointegrated. Despite the substantial financial liberalization that has taken place in these countries, we find that the money demand equations