Even though macroeconomic theories developed since the late 1980s have de-emphasized
the role of monetary aggregates in the transmission of monetary policy, considerable …

The demand for money is a very crucial in the conduct and determination of the
effectiveness of monetary policy. This study attempts to analyse whether financial …

This paper develops a long‐run version of the quantity theory of money growth, real GDP
growth, and inflation. Inflation rates, averaged for the years 1980‐1993, are computed for 81 …

Bu çalışma Türkiye'de 1985Q4-2006Q4 üç aylık dönemi verileri kullanılarak geniş tanımlı
para talebi (M2) ile onun belirleyicileri (reel gelir, faiz oranı ve döviz kuru) arasındaki uzun …

Bu çalışmada Mundell'in (1963) döviz kurunu içeren para talebi fonksiyonu eş bütünleşme
sınır testi yaklaşımı-ARDL (autoregressive distributed lag) ve VECM (hata düzeltme modeli) …

Driven by fast evolution in the money market during the past two decades, financial and
technological innovations, increasing competition, and internationalizing of businesses …

Financial innovation refers both to technological advances which facilitate access to
information, trading and means of payment. The demand for money is very crucial in the …

This study focuses on sweep programs in establishing conceptually appropriate and reliable
measures of narrow money. We propose the aggregates M1RS= M1+ holdings of funds …

We estimate the time profile of the interest rate semi-elasticity of the demand for money that
is theoretically derived from a money-in-the-utility-function (MIUF) model. This semi-elasticity …

El artículo explora la estimación de una función de demanda por dinero tradicional para la
economía colombiana para el periodo 1984-2016. Se utiliza un modelo de cointegración …