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Money demand and financial liberalization in Indonesia

✍ Scribed by Gregory A. James


Book ID
113470009
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
180 KB
Volume
16
Category
Article
ISSN
1049-0078

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Financial liberalization and money deman
✍ Robert Dekle; Mahmood Pradhan πŸ“‚ Article πŸ“… 1999 πŸ› John Wiley and Sons 🌐 English βš– 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