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Demand for money in developing countries : alternative estimates and policy implications /

This publication presents some empirical analysis on the demand for money. It covers a wide range of papers on econometric techniques and on previous empirical work on money demand. Further, it presents estimates of a common specification of money demand across a range of developing countries. One o...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kumar, Saten
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Nova Science Publishers, Inc., [2014]
Colección:Economic issues, problems and perspectives series.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • DEMAND FOR MONEY IN DEVELOPING COUNTRIES: ALTERNATIVE ESTIMATES AND POLICY IMPLICATIONS; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: INTRODUCTION; Chapter 2: IMPORTANCE OF DEMAND FOR MONEY; 2.1. INTRODUCTION; 2.2. THEORIES OF DEMAND FOR MONEY; 2.3. MONETARY POLICY TARGETS AND INSTRUMENTS; 2.4. FINANCIAL REFORMS AND INSTABILITY IN THE MONEY DEMAND; CONCLUSION; Chapter 3: EMPIRICAL LITERATURE; 3.1. INTRODUCTION; 3.2. INCOME ELASTICITY OF MONEY DEMAND IN INDUSTRIAL COUNTRIES; 3.3. INCOME ELASTICITY OF MONEY DEMAND IN DEVELOPING COUNTRIES; CONCLUSIONS.
  • Chapter 4: EMPIRICAL RESULTS4.1. INTRODUCTION; 4.2. MODEL AND DATA; 4.3. ALTERNATIVE EMPIRICAL ESTIMATES; CONCLUSIONS AND POLICY IMPLICATIONS; Chapter 5: CONCLUSIONS AND LIMITATIONS; 5.1. CONCLUSIONS; 5.2. LIMITATIONS; REFERENCES; APPENDICES; A. DEFINITION OF VARIABLES; B. UNIT ROOT TESTS; C. JML IDENTIFICATION AND EXOGENEITY TESTS; D. JML STABILITY TESTS; AUTHOR CONTACT INFORMATION; INDEX.