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The dynamics of aggregate demand and supply shocks in ASEAN countries

✍ Scribed by Omar H.M.N. Bashar


Book ID
118419784
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
402 KB
Volume
23
Category
Article
ISSN
1049-0078

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Financial liberalization and money deman
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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