Estimation of Money Demand Function through Partial Adjustment Model.
The objectives of this study are to find out the relationship between the money demand, real GDP and interest rate and also to find out the long run and short run demand for money using partial adjustment model. The data ranging from 1973- 2013 has been used for estimation and the money demand funct...
| Publicado en: | Journal of Economic & Social Research Vol. 16; no. 1; pp. 79 - 95 |
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| Autores principales: | , |
| Formato: | Artículo |
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Department of Economics at Fatih University
2014
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=115667133&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 115667133 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 13021060 KXM jtl: Journal of Economic & Social Research issn: 13021060 maglogo: N pubinfo: dt: 2014 vid: 16 iid: 1 pid: 14222 pub: Department of Economics at Fatih University artinfo: ui: 115667133 ppf: 79 ppct: 16 formats: tig: atl: Estimation of Money Demand Function through Partial Adjustment Model. aug: au: Asif, Muhammad Rashid, Khudija affil: Management Sciences Department, COMSATS Institute of Information Technology, Abbottabad Pakistan su: Economic models Demand for money Mathematical models Parameter estimation Gross domestic product Interest rates sug: subj: Economic models Demand for money Mathematical models Parameter estimation Gross domestic product Interest rates keyword: GDP Interest rate Money demand Partial Adjustment Model GDP Interest rate Money demand Partial Adjustment Model ab: The objectives of this study are to find out the relationship between the money demand, real GDP and interest rate and also to find out the long run and short run demand for money using partial adjustment model. The data ranging from 1973- 2013 has been used for estimation and the money demand function and has been estimated through partial adjustment model. It is concluded that the study observed a positive relationship between real GDP and money demand both in the short and long run and negative relationship between interest rate and money demand both in the short and long run. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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