Stability of the demand for money in an unstable country: Russia.
The writers estimate the long-run demand for money in Russia, and consider whether the demand for money is stable. They utilize market-oriented data that has become available since 1991 to estimate the demand, and they perform stability tests by applying the CUSUM and CUSUMQ tests using full inform...
| Publicado en: | Journal of Post Keynesian Economics Vol. 22; no. 4; pp. 619 - 630 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
M.E. Sharpe Inc.
Summer 2000
|
| Materias: | |
| 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=510111630&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510111630 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 01603477 PKE jtl: Journal of Post Keynesian Economics issn: 01603477 maglogo: N pubinfo: dt: Summer 2000 vid: 22 iid: 4 pid: 247 pub: M.E. Sharpe Inc. artinfo: ui: 510111630 ppf: 619 ppct: 11 formats: fmt: @attributes: type: T tig: atl: Stability of the demand for money in an unstable country: Russia. aug: au: Bahmani-Oskooee, Mohsen Barry, Michael P. su: Demand for money Money Russia sug: subj: Russia Demand for money Money ab: The writers estimate the long-run demand for money in Russia, and consider whether the demand for money is stable. They utilize market-oriented data that has become available since 1991 to estimate the demand, and they perform stability tests by applying the CUSUM and CUSUMQ tests using full information estimates from Johansen's cointegration and error-correction modeling. They conclude that the Russian money demand function, which includes income, inflation rate, and exchange rate, is not stable over the research period, although the variables are cointegrated. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|