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
β¦ LIBER β¦
Stability of the money demand function in developing countries
β Scribed by Samuel Kojo Andoh
- Publisher
- Springer US
- Year
- 1997
- Tongue
- English
- Weight
- 95 KB
- Volume
- 3
- Category
- Article
- ISSN
- 1083-0898
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